Representing a unique opportunity to acquire a property conveniently and strategically located on the corner of Victoria Road and Chapel Street. This free-standing building offers multiple income streams with a first floor office suite and a ground floor workshop with existing automotive usage rights. The property will appeal to owner-occupiers and developers alike with the favourable B5 zoning.
Zoned B5 (Business development) allowing a multitude of uses including but not limited to hospitality, creative uses, general commercial and industrial uses and the ability to add more floor area STCA (2:1 FSR).
Opportunity to owner occupy, invest or redevelop.
Existing automotive use rights with extended trading hours.
Ground floor office/showroom/warehouse with access via one (1) roller shutter door from Chapel Street.
Renovated first-floor office suite .
Future redevelopment potential with dual street frontages.
Marrickville continues to receive significant infrastructure upgrades under the NSW State Government’s Draft Urban Renewal Strategy as part of the Bankstown to Sydenham Corridor Metro Project and multiple institutional landlords are showing their support in the area through planned planning proposals and upgrades to major amenity and shopping centres.
The property will be offered for sale via expression of interest closing Friday 1st October at 5pm.