279 Bay Street Brighton-le-sands NSW 2216

CBRE as the exclusive sales agents are pleased to present to the market 279 Bay Street, Brighton-Le-Sands. The subject property comprises four retail tenants on the ground floor, four commercial offices and three residential units on levels 1 & 2 respectively with a total NLA of 619qm* and 4 car spaces. 279 Bay Street is 100% let and generates a net annual income of approximately $327,630 per annum with annual rental increases and the opportunity for rental reversion. Significant future development opportunities are present to 279 Bay Street through favourable local planning controls. Zoned B4 Mixed Use with accompanying 28m height limit and 3:1 Floor Space Ratio (FSR) provides the ability for a large scale mixed use development in the heart of Brighton-Le-Sands.

279 Bay Street, Brighton-Le-Sands benefits from the following key attributes:

Mixed-use trophy corner building rarely offered to the market
Eight strata titled lots to be sold in-one-line
Ideally positioned along Brighton-Le-Sands' thriving retail strip
Fully leased investment opportunity
Generating $327,630* in net annual income with rental reversion opportunities
Long term development potential via favourable planning controls of B4 Mixed Use zoning, 28m height limit and 3:1 Floor Space Ratio.
Situated within a premier location in Sydney's South with Brighton-Le-Sands' beautiful tree lined beach overseeing Botany Bay only 400m* away.
Proximity to Cairnsfoot School (700m*), Rockdale Plaza (1.6km*), Rockdale Station (1.8km*) and an array of leafy public reserves.

279 Bay Street, Brighton-Le-Sands will be sold via Public Auction on Tuesday 17 May 2022 at 10:30am at auctionWORKS (registration, online bidding and livestream available)

Please enquire directly with the exclusive agents to arrange a private viewing.

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

*Approx.