Property Listings – NSW
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719-721 Elizabeth Street, Waterloo NSW Green Square freehold with development upside
ForSale by Expressions of Interest closing Thursday, 3 November 2022 at 4pm (AEST)
This is a rare opportunity for investors, owner occupiers & developers, given its secure covenant with significant passing income and future redevelopment potential in a booming residential precinct.
Spanning over 1,127 sqm* of land, with circa 1,200 sqm* of refurbished net lettable area, this is an asset with prominent street exposure. The property benefits with a underground basement with 28 car spaces.
Fully leased by ASX listed Accent Group with a four (4) + year WALE, this is a unique investment proposition in a bustling South Sydney location.
Over 19,000 cars pass daily (Roads & Waterways NSW), ideal for corporate branding exposure and future tenant retention & demand.
The asset is a stone throw away from Green Square Station and just 600m* from the future Waterloo Metro. There is an abundance of bus amenity flowing in all directions at the doorstep of the property.
B4 mixed use zoning and FSR bonus, this opportunity is ripe for future redevelopment (STCA). The leases allow for demolition clauses to be instated if required for future development.
James Masselos 0433 027 821 Demi Carigliano 0423 015 815 Anthony Pirrottina 0402 666 093
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*Approx.
42 –October / November 2022
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