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168-172 Merrylands Road
Merrylands NSW 2160
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Sold on 24 Aug 2023

168-172 Merrylands Road Merrylands NSW 2160

  • Shop & Retail
  • 462 m²
  • Sold

Premier Corner Mixed-Use Retail in Emerging Sydney West Suburb

  • Prominent corner in the heart of Merryla
  • Fully leased with diverse income
  • Five shops and one office

Colliers is pleased to present for sale 168-172 Merrylands Road, Merrylands, a fully leased freestanding retail investment in the heart of Merrylands CBD, Sydney's West emerging growth suburb.

An exceptional opportunity offering multiple and diverse income streams with huge value-add potential for astute investors seeking high return on investment within a sought-after location of Merrylands Road.

- 100% leased with five diverse income streams including restaurant, bakery, travel agency, hair salon and beauty clinic.
- Recent $500,000 building refurbishment offering solid cash flow with value-add potentials including rental reversion and future mixed use re-development upside.
- Site area: 446sqm*, building area: 462sqm*
- Net Income: $228,679.69 per annum + GST (as at Jul-2023)
- Maximum height buildings of 65 metres (or up to 32-storeys)
- Set within Merrylands CBD, moments from Stockland & Merrylands RSL and 200 metres* from Merrylands Railway Station.
- Genuine Vendor wants it SOLD

168-172 Merrylands Road, Merrylands will be sold by Public Auction on Thursday 24August 2023 at 1pm at Colliers Sydney Head Office Level 30/225 George Street, Sydney NSW 2000.

*Approx.

AUCTION

Auction date and time24/08/2023 01:00
Auction locationLevel 30/225 George Street, Sydney
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold24 Aug 2023
Floor Area462 m²
Land Area446 m²
ParkingAsk Agent
Property ID2018636408
Category
Last updated  25 Aug 2023
Map for 168-172 Merrylands Road Merrylands NSW 2160

Nearest transport* to 168-172 Merrylands Road Merrylands NSW 2160

Bus
Train
Tram
Ferry
Merrylands Rd at Miller St20 m
Merrylands Rd at Pitt St72 m
Merrylands Rd opp Addlestone Rd159 m
Stockland Merrylands, McFarlane St166 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold24 Aug 2023
Floor Area462 m²
Land Area446 m²
ParkingAsk Agent
Property ID2018636408
Category
Last updated  25 Aug 2023

Co-Agents

Harry Bui
Harry Bui
Colliers International - Sydney
Call
+61 418 477 888
Andrew Bui
Colliers International - Sydney
Call
+61 451 028 428

More about 168-172 Merrylands Road Merrylands NSW 2160

168-172 Merrylands Road Merrylands NSW 2160 is categorized as Shop & Retail Property. It has a floor area of 462 m² and a land area of 446 m². The listing ID for this property is 2018636408.

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