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.