Exceptional Development Opportunity – Consolidated Site of about 6,612 square meters on Silverwater Road.

Located on the western side of Silverwater Road with access to major arterial roads including Silverwater Road, M4 Motorway, vital Roads and Parramatta Road. Parramatta regional centre.

This fantastic development site enjoys 3 street frontages, is generally flat and rectangular in shape. The property is to be sold subject to pending gazetting of rezoning to “B6 Enterprise Zone” under draft Auburn LEP 2009 and preliminary concept plans are available on request.

The zoning encourages a mix of compatible, business office, limited retail and residential, hotels and motels, and light industrial uses.

The property is offered for sale at an asking price of $10 million exclusive of GST and subject to the rezoning to B6 Enterprise Zone.

The site consists of 12 residential houses and 3 older style factory warehouses with existing use rights as an industrial factory complex. Rental returns during the Development Application process.

+ Approximately consolidated site of about 6,612 square meters.
+ Outstanding location with 3 street frontages and excellent exposure.
+ Some cash flow from various tenants whilst DA approval is processed.
+ B6 Enterprise Zone provides flexibility in terms of land use (STCA).

N. Pacer
T: 9552 4333
M: 0428 233 893
n.pacer@raywhite.com
Ray White Glebe Residential and Commercial Sydney
www.raywhiteglebe.com.au