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168 Burwood Road
Burwood NSW 2134
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Sold on 19 Nov 2024

168 Burwood Road Burwood NSW 2134

  • Shop & Retail
  • 1 m²
  • Sold

Iconic Corner Freehold Investment With Significant Redevelopment & Reversion Upside

  • Total land area of 477.7sqm*
  • Substantial building area of 770sqm*
  • Net annual income of $437,090.80 + GST

Welcome to 168 Burwood Road, the most iconic corner in Burwood CBD currently home to Westpac.

The property offers the market an exceptional opportunity to secure a freehold building with significant development upside within one of Sydney's fastest growing locales.

Perfect for investors seeking a strong performing asset underpinned by its irreplaceable location, businesses aiming to make a statement, as well as developers seeking significant redevelopment opportunities. 168 Burwood Road is an opportunity not to be missed.

Additional Highlights of the Property:
• Substantial building area of 770sqm*
• Total land area of 477.7sqm*
• Currently leased to Westpac generating an net annual income of $437,090.80 + GST
• Landmark corner site with three (3) street frontages
• Four (4) on-site parking spaces with rear lane access
• Zoned MU1 Mixed Use (previously B4 Mixed Use)
• Significant underlying development potential with 6:1 FSR and 70m height limit
• Excellent exposure with unmatched pedestrian flow in one of Sydney's tightliest held markets
• Located on the station in the absolute heart of Burwood CBD
• Substantial future upside through rental reversion, conversion or redevelopment (STCA)

The property is now offered for sale via Public Auction to be held on-site on Wednesday 20 November 2024 at 10:30 am.

RWC Western Sydney
RWC Western Sydney
Level 1, 15-17 Argyle Street,
Parramatta, NSW 2150

Property Highlights

Date Sold19 Nov 2024
Floor Area1 m²
Land Area468 m²
ParkingAsk Agent
Property ID2019575490
Category
Last updated  20 Nov 2024
Map for 168 Burwood Road Burwood NSW 2134

Nearest transport* to 168 Burwood Road Burwood NSW 2134

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RWC Western Sydney
RWC Western Sydney
Level 1, 15-17 Argyle Street,
Parramatta, NSW 2150

Property Highlights

Date Sold19 Nov 2024
Floor Area1 m²
Land Area468 m²
ParkingAsk Agent
Property ID2019575490
Category
Last updated  20 Nov 2024

Co-Agents

Danny Shi
RWC Western Sydney
Call
0409955559
Victor Sheu
RWC Western Sydney
Call
0412 301 582
Tao Shi
RWC Western Sydney
Call
0421218031

More about 168 Burwood Road Burwood NSW 2134

168 Burwood Road Burwood NSW 2134 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 468 m². The listing ID for this property is 2019575490.

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