EOI - Development Opportunity with Holding Income

65-69 Parramatta Rd Concord is a unique opportunity to acquire a prominent inner west
site with holding income and exciting future development upside (STCA).
Located within a high growth, fast developing area with a B4 mixed use zoning, this site is ripe for redevelopment and will appeal to builders and developers looking to stamp their mark on this rapidly evolving region.

Ideally located in the heart of the inner west. The location is ideal for allowing quick and easy access to Sydney's major road networks and moments from public transport and the future metro.
The property is in close proximity to most services, facilities and amenities.
- Burwood Station Tail only 1200 meters
- 1.1km to Strathfield station
- 11.4km to CBD
- Re-Developed Concord Oval only 600 meters
- -North Burwood Metro only 360 meters

Currently the site has three streams of income estimated as the following:
- Yard - $8000 per month
- Unit - $2000 per month
- 4 units - $5416 per month
Totalling $15,500 per month

Features include:
- Land 1411 Square Meters with 46 meters front to Parramatta Rd
- Current income with upside
- Proposed zoning: B4 Mixed Use
- Proposed FSR - 2.3: 1
- Proposed height 24m
- Potential GFA - 3386.40 sqm* approx.
- Zoning - Canada Bay council - Canada Bay Priority Growth Precinct prior to Gazettal of the Rezoning Proposal of 'New Parramatta Rd*

We are looking for expressions of interest call or email for the IM or to meet up to discuss.

Garry Kelly – 0418 230 000 OR 9131 4778
Principal
garry.kelly@remax.com.au
RE/MAX Commercial Alliance

Disclaimer: RE/MAX Commercial Alliance recommends you conduct your own investigation prior to purchasing the property. RE/MAX Commercial Alliance or its representatives take no responsibility for the accuracy of this information.