17-21 McGill Street Lewisham NSW 2049

On behalf of KordaMentha as Receivers & Managers, Colliers are excited to present 17-21 McGill Street, Lewisham For Sale via an Expressions of Interest campaign closing at 12:00pm, Thursday, 1 August 2024.

This a rare opportunity to add value to a near complete mixed-use complex in the heart of Sydney's Inner West. The offering comprises an attractive blend of 1, 2 and 3 bedroom apartments and two retail units suited to rent or sell down.

Key Investment Highlights Include:

- Within 7 kilometres* of Sydney CBD
- Outstanding transport connections being within a short walk to Lewisham West Light Rail Station, Lewisham Train Station and Summer Hill Train Station
- Surrounded by an abundance of retail and lifestyle amenity and positioned within a boutique town centre serviced by gyms, restaurants and a commercial office building
- Whole building offering including 38 apartments and 2 retail shops
- Approximately 97.82% complete
- The builder, Decon Australia Pty Ltd, was placed into liquidation in December 2023 and could not complete the development
- Mixture of 1, 2 and 3 bedroom apartments
- Total of 38 car spaces and ancillary storage areas over two basement levels
- Anticipated market gross income of $1,600,000* to $1,900,000* per annum
- Situated in a competitive rental and sales market with strong anticipated rental yield and sales realisation

*approximately

For more information please contact the exclusive agents.