Ray White Lithgow and Summit Property Agents are pleased to market this landmark property situated in the heart of the Central Business District (CBD) of Lithgow.
The property is ideally positioned on Main Street, opposite Lithgow Post Office, Cook Street Plaza, and adjacent to Lithgow Railway Station.
Lithgow to Sydney CBD is 140 km or 2 hours by road*
The E1 Local Centre zoning offers a wide range of uses and the flexibility to explore strong repositioning and upside potential.
Permitted uses include and are not limited to: Centre-based childcare facilities, Commercial premises, Community facilities, Entertainment facilities, Function centres, Hotel or motel accommodation, Information and education facilities, Medical centres, etc. (STCA)
The high standard building is set over two levels with internal lift access, multiple entry and exit points, which provides a flexible floor plan.
There are numerous options to explore with the potential for a sale and partial leaseback. Alternatively, the floor plan is ideal for either a large single business or split-into multiple tenancies.
This wide and highly prominent position is both unique - a key attribute to the properties long-term appeal and value.
Additional highlights of the asset include:
• Net Lettable Area - 543m2*
• Land area - 347.8m2*
• 25.61m Street frontage in the centre of the CBD
• Substantial high-quality fitout
• Dual Access from Main Street
• Prime street frontage with large windows
• Excellent natural light
• 25m* from the main entrance of Lithgow Train Station
• Prime location in the Lithgow town centre
Lithgow is a key regional centre to the NSW Greater West and is supported by strong economic activity and has further potential for growth. Gross Regional Product was $1.64 billion in the year ending June 2021, growing 8.5% since the previous year.
Lithgow is home to large local, national, and international businesses and Government agencies, including Power generation, Mining, Manufacturing, Health Services, Education, Confectionery, Entertainment, and Retail.
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The property is brought to the market under Private Treaty / Expressions of Interest, pending a forthcoming Public Auction if not sold prior to.
Investors seeking to secure a valuable asset with excellent opportunity for income and growth should take this opportunity to engage - expressions of interest are encouraged.
For further information, please contact the exclusive selling agents below:
Jaharn Torok
Ray White Lithgow
0416 227 339
jaharn.torok@raywhite.com
Robert Maher
Summit Property Agents
0432 878 398
robert@summitpropertyagents.com.au
STCA - Subject to Council Approval
*All amounts, sums, measurements, times, distances, etc. are approximate
