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61-63 Victoria Road
Rozelle NSW 2039
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Sold on 17 Nov 2020

61-63 Victoria Road Rozelle NSW 2039

  • Shop & Retail
  • 1,020 m²
  • Sold, $10,100,000

SUBSTANTIAL CORNER FREEHOLD

Belle Property Commercial Inner West are pleased to offer 61-63 Victoria Road, Rozelle for sale via Public Auction. The building is home to Combined Air, SDA Engineers and Sign Wave, which are returning approximately $380,000 Per Annum. Together, they are the ideal tenancy mix, providing the purchaser with a high-income stream, along with security.

A building of this calibre, which sits on a corner block of close to 1100sqm, is an opportunity to secure a prime piece of Inner West Real Estate. Its position along Victoria Road, a major arterial road, commuted by over 70,000 vehicles daily, provides unparalleled exposure and being one traffic light from the CBD, convenience, connectivity and enormous future development potential (STCA) ideally suited for landbanking.

As of 2023, the property will further benefit from the opening of the Rozelle Interchange part of Westconnex, which will be the M4 - M5 Link to the Anzac and Iron Cove Bridges, and the future Western Harbour Tunnel and Beaches Link, connecting the suburb to the entire Sydney Metro road system. Additionally, A metro station will be delivered to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs. The Bays Station will act as a catalyst for the long awaited renewal of the area and the Bays Station will be located between Glebe Island and White Bay Power Station.

This is the ideal investment for the current economic climate and an opportunity to land bank a substantial holding at the CBDs door step.

Features Include:

1100 sqm of Land (approximately)
Future Development Potential (STCA)
$380,000 Per Annum + GST (Gross) Income (approx.)
Substantial Income Growth Potential
Basement Parking (31 Cars)

The property will be open for inspection:
Wednesday 11th November 11-11:45am

The auction will take place on Tuesday, 17th November 2020 at 10:30am
Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

AUCTION

Auction date and time17/11/2020 10:30
Auction locationAuctionworks - 50 Margaret Street, Sydney NSW 2000
Belle Property Commercial - Inner West/City Fringe
Belle Property Commercial - Inner West/City Fringe
Level 1, 2-4 King Street
Newtown, NSW 2042

Property Highlights

Date Sold17 Nov 2020
Sold Price$10,100,000
Floor Area1,020 m²
Land Area1,100 m²
Parking31 x Onsite parkings
Property ID2016554478
Category
Last updated  17 Nov 2020
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Belle Property Commercial - Inner West/City Fringe
Belle Property Commercial - Inner West/City Fringe
Level 1, 2-4 King Street
Newtown, NSW 2042

Property Highlights

Date Sold17 Nov 2020
Sold Price$10,100,000
Floor Area1,020 m²
Land Area1,100 m²
Parking31 x Onsite parkings
Property ID2016554478
Category
Last updated  17 Nov 2020

Co-Agents

Rocco Tripodi
Rocco Tripodi
Belle Property Commercial - Inner West/City Fringe
Call
0407 771 655
Andrew Bozza
Andrew Bozza
Belle Property Commercial - Inner West/City Fringe
Call
0419 110 099

More about 61-63 Victoria Road Rozelle NSW 2039

61-63 Victoria Road Rozelle NSW 2039 is categorized as Shop & Retail Property. It has a floor area of 1,020 m² and a land area of 1,100 m². There are 31 x onsite parkings.The listing ID for this property is 2016554478.

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