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54 Freeman Street
Lalor Park NSW 2147
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Sold on 16 Jun 2021

54 Freeman Street Lalor Park NSW 2147

  • Shop & Retail
  • 745 m²
  • Sold

FREEHOLD IGA SUPERMARKET INVESTMENT WITH DEVELOPMENT UPSIDE^

Ray White Commercial is pleased to present the opportunity to purchase 52-54 Freeman St, Lalor Park, NSW via Public Auction.

This essential service property has been a supermarket for over 36 years and leased to the same tenant IGA for 17 years. It is an excellent opportunity to secure a freehold investment with significant development upside^ in one of the largest councils in NSW - Blacktown City Council.

Additional Highlights of the property are outlined below:

*Total site area 758m2*
*Combined building area 745m2*
*Net income $141,172.35* + GST
*Two separate titles allows flexibility to lease separately in future
*Offered for the first time in over 30 years
*Future development potential for various options including shop top housing & retail/commercial development (STCA)
*Council car park in front of the property
*Two (2) street access including rear lane access with loading dock
*Surrounded by other essential businesses including Post office, Pharmacy, Cafe and Liquor store.

The property will be offered for sale via Public Auction on Wednesday, 16 June 2021 at 11:00am
Venue: Holiday Inn Parramatta, 18-40 Anderson Street, Parramatta

For more information, please contact the exclusive agents.

*Approx.

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

Property Highlights

Date Sold16 Jun 2021
Floor Area745 m²
Land Area758 m²
ParkingAsk Agent
Property ID2017009885
Category
Last updated  16 Jun 2021
Map for 54 Freeman Street Lalor Park NSW 2147

Nearest transport* to 54 Freeman Street Lalor Park NSW 2147

Bus
Train
Tram
Ferry
Freeman St Opp St Clements Anglican Church100 m
St Clements Anglican Church, Freeman St106 m
Freeman St Opp Lalor Park Library121 m
Lalor Park Library, Freeman St135 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
RWC Western Sydney
RWC Western Sydney
Level 1, 15-17 Argyle Street,
Parramatta, NSW 2150

Property Highlights

Date Sold16 Jun 2021
Floor Area745 m²
Land Area758 m²
ParkingAsk Agent
Property ID2017009885
Category
Last updated  16 Jun 2021

Co-Agents

Peter Vines
Peter Vines
RWC Western Sydney
Call
0449 857 100
Victor Sheu
Victor Sheu
RWC Western Sydney
Call
0412 301 582

More about 54 Freeman Street Lalor Park NSW 2147

54 Freeman Street Lalor Park NSW 2147 is categorized as Shop & Retail Property. It has a floor area of 745 m² and a land area of 758 m². The listing ID for this property is 2017009885.

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