SALE BY TENDER

302 Merrylands Road, Merrylands, NSW 2160


B6 - ENTERPRISE CORRIDOR DEVELOPMENT SITE

PROPERTY LAUNCH - ALL OFFERS MUST BE SUBMITTED BY 5PM SATURDAY 28TH MARCH 2020

This is an extremely rare opportunity to secure a first class B6 enterprise corridor 2080sqm development site. Currently comprising four separate dwellings with four potential rental incomes, there are any number of possible futures available to the serious developer. The recently expired DA included a sizeable development comprising 42 residential and 6 commercial units. Here is a rare opportunity to make a significant impact on the Merrylands Road streetscape in an opportunity which is unlikely to be seen again in such a premium position.

* Total land area of 2080sqm
* Comprising 4 existing properties
* B6 zoning with an FSR of 2:1
* Height limit of 17 metres
* Premium Merrylands Road position
* Investors Note: Current rental income $84,760 per annum, Potential rental income $118,560 per annum

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