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2 Progress Avenue
Eastwood NSW 2122
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Sold on 23 Jun 2021

2 Progress Avenue Eastwood NSW 2122

  • Shop & Retail
  • 1,216 m²
  • Sold

ONCE-IN-A-GENERATION LANDMARK OPPORTUNITY IN THE HEART OF EASTWOOD

  • Fully Leased Secure Investment
  • Significant Value-Add Potential
  • Net Lettable Area of 1,216sqm*

CBRE, as the exclusive sales agent, is pleased to present a once-in-a-generation landmark opportunity at 2 Progress Avenue, Eastwood.

The property is currently fully leased to three secure tenants in Australia Post, Happigo Supermarket and a Financial Services Group. The property possesses significant value-add potential with its B4-Mixed Use zoning and significant 21.5m height limit (S.T.C.A), further capitalising from its location within Eastwood's busy town centre.

2 Progress Avenue, Eastwood benefits from the following key attributes:
- Net Income of $515,978*
- B4-Mixed Use Zoning
- Site Area of 928sqm*
- Net Lettable Area of 1,216sqm*
- Significant Development Potential to allow for shop-top housing (S.T.C.A) with Council Permitted 21.5m Height Limit
- Located within the Heart of Eastwood's shopping and dining precinct
- Walking distance to multiple desirable amenities and public transportation options

2 Progress Avenue, Eastwood will be made available for sale via Public Auction held on-site on Friday, the 25th of June 2021 at 1:00pm.

For more information or to request access to the due-diligence room, please contact the exclusive selling agents.

*approximate

CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold23 Jun 2021
Floor Area1,216 m²
Land Area928 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2017036540
Category
Last updated  23 Jun 2021
Map for 2 Progress Avenue Eastwood NSW 2122

Nearest transport* to 2 Progress Avenue Eastwood NSW 2122

Bus
Train
Tram
Ferry
Eastwood Station137 m
St Kevin's Primary School, Hillview Rd215 m
Hillview Rd Opp St Kevin's Primary School225 m
East Pde At Rutledge St279 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold23 Jun 2021
Floor Area1,216 m²
Land Area928 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2017036540
Category
Last updated  23 Jun 2021

Co-Agents

Lord Darkoh
CBRE Western Sydney
Call
0434 675 724
Ray Ahsan
CBRE Western Sydney
Call
0402 270 888

More about 2 Progress Avenue Eastwood NSW 2122

2 Progress Avenue Eastwood NSW 2122 is categorized as Shop & Retail Property. It has a floor area of 1,216 m² and a land area of 928 m². The listing ID for this property is 2017036540.

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