CBRE as the exclusive selling agent on behalf of our valued client, are pleased to present to the market for sale for the first time in over 45 years, 91 Merrylands Rd, Merrylands; A unique opportunity to acquire an attractive two storey corner freehold commercial building with on-site parking situated opposite Merrylands Railway Station.
The versatile opportunity sits at the centre of Western Sydney's most dynamic and tightly held markets. The property boasts two street frontages to Railway Terrace & Merrylands Rd.
The subject property is a two storey office building boasting an impressive 513sqm* building area on 522sqm* site area.
Situated moments from Sydney's major arterial roads, Parramatta Rd, Cumberland Highway, Great Western Highway & minutes to the M4 Motorway.
The property is strategically located approximately 24km* west of Sydney CBD & 3.7km* East of Parramatta CBD.
91 Merrylands Rd, Merrylands is an attractive proposition to occupy, invest or develop in a premium position on the door step of Parramatta CBD.
91 Merrylands Rd, Merrylands will attract buyers due to its many key attributes, including:
- 513sqm building area on 522sqm site area
- Zoning: E1: Local Centre
- Current FSR 2:1 & Height: 21m
- Current passing income on ground floor is returning $63,005 per annum + GST expiring on the 30th of June 2024
- The periodic tenancy on level 1 is returning $4,000 per month + GST
- Corporate style, open floor plans, full staff amenities & kitchenette facilities.
- The efficient floor design and side core layout ensures that the building is suitable for whole floor occupation, yet is adaptable for multiple tenancies.
- Spectacular pedestrian frontages and high-profile location. Railway Station & Bus services situated directly opposite.
- Merrylands offer Sydneysiders a rich mix of dining, cultural entertainment, retail, nightlife and leisure experiences.
- This existing dynamism is firmly supported by Parramatta's position as the 6th largest GDP of Australia, enjoying constant federal and state level investments which will only enhance this location's appeal.
- More than $35 billion in infrastructure investment occurring in Western Sydney, from which Merrylands will be a major benefactor.
- Future development potential
- Walking distance to Stockland Merrylands
- Ideal for: Lawyers, doctors, community & religious groups, training organisations, accountants, developers, architects, childcare & many more.
- No GST payable
91 Merrylands Rd, Merrylands will be sold via on-site public auction at 2:30pm, Thursday 28th of September, 2023.
For more information or to request access to the due diligence room, please contact the exclusive selling agent from CBRE: Robert Dowdy on 0499 007 000.
