53-55 Rawson Street Auburn NSW 2144

A rare offering to buy a full commercial building in the heart of Auburn. This is an amazing opportunity for a short or long term investment, with the potential to increase your rental income year on year.

Situated in one of Sydney's most diverse and fast growing suburbs, the site boasts 3 commercial shops plus an upstairs premises is fully leased with an approximate annual income of $240,000. Existing long term tenants willing to stay on with potential for future income growth.

Conveniently located within a stone throw to Auburn Train Station, cafes, restaurants and shopping at your doorstep. Local schools are within walking distance, the like of Trinity Catholic College, Auburn Public schools, Al-Faisal College, etc and within easy access to major transport networks, local services, facilities and amenities.

Perched on a 929sqm to a 15.24m frontage, Zone B4 - Mixed Used (Cumberland Local Environmental & Development Control Plan 2021). Potential for redevelopment with a FSR 5 to 1.

Property Features:
• Significant land holding of 929sqm with a 15.24m frontage
• B4 - Mixed Used zoning with FSR 5:1
• Predominately cleared and level site with rear lane access
• Strong demand and growth in local residential property prices
• Existing long term tenants willing to stay on with potential for future income growth.
• Close to Auburn Central Shopping, Auburn Train with bus stop at your doorstep
• Moments away from various public & private schools
• Restaurants, cafes, specialty stores from all corners of the world

Location benefits:
• 80m to Auburn Station
• 500m to Auburn Central
• 5.8km to Parramatta City
• 5.9km to Sydney Olympic Park
• 19km to Sydney CBD
• 22km to Sydney Airport

* Inspection: By Appointment Only,

* For Sale: BY Negotiation or Contact Agent.

NOTE:
Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given to Ray White Lidcombe or its agent as to the accuracy of the contents. Distances mentioned in advertising are based on Google Maps. Purchasers should conduct their own investigations into all matters relating to the purchase of the property.