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Retail

35 Lane Street Wentworthville, NSW 2145

Sold on 11 Mar 2022
  • Building: 797m²
  • Land: 1,012m²
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Retail in Wentworthville

Block of 10 units - Prime refurbishment or redevelopment opportunity

  • Building: 797m²
  • Land: 1,012m²

Ray White Commercial Western Sydney is pleased to present 35 Lane Street, Wentworthville for sale via Onsite Auction.

The asset represents a remarkable opportunity to acquire this entire block of ten (10) units which also has a DA approval of twenty four (24) apartments.
It is an ideal opportunity for a value add investor, builder/developer to create a stable cash flow income or pursue new development approval.

Highlights of the property include:

  • Site area of 1,012m2*
  • Eight (8) two-bedroom units with lock up garage parking and car ports.
  • Two (2) one-bedroom units with double lock up garage parking and car ports.
  • Self-contained units with private laundry, dining and family.
  • Subdivided and strata-title units forming a full block offered in one line
  • Estimated fully-let annual gross income of $202,800* upon refurbishment
  • DA approval for twenty four (24) apartments across four (4) levels
  • Moments from Wentworthville Railway Station, Westmead Hospital and Parramatta CBD
  • Ideal for builders/developers to capitalise on one of the fastest growing suburbs in Western Sydney

The property is offered for sale via Onsite Auction on Wednesday 16th March 2022 at 12:30 pm.

For more information, please contact the exclusive selling agents.

*Approx.

Building:

797m²

Land:

1,012m² / 0.25 acres

Tenancy:

Vacant

Categories:

Other, Retail, Land/Development

35 Lane Street, Wentworthville, NSW 2145