388 Parramatta Road, Burwood

DEVELOPMENT WITH HOLDING INCOME

388 Parramatta Road Burwood presents an excellent opportunity to purchase a prominent investment site with genuine development upside along the Parramatta Growth Road Corridor.

The property is a large modern car dealership in the heart of Parramatta Road's car dealership strip. Built on 1,630 sqm of land in 1999, the property is home to a car showroom and display yard totalling approximately 1,000 sqm and a service department with five work bays. The building comprises:

* 300 sqm retail showroom
* 183 sqm office
* 276 sqm warehouse
* 120 sqm basement
* 1,630 sqm total land
* Gross income $230,000 pa (excl gst)
* 300 m from Burwood North Metro (under construction)
* Proposed favourable zoning amendments

To find out more please contact Sam Hill 0417 747 440 or click here for a virtual inspection https://youtu.be/_TyyQ3Tb1uw

Expressions of Interest to be submitted by 5pm, Tuesday 12 October to sam@johnhill.com.au

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Location

Office

Level 3 74-76 Burwood Road
Burwood NSW 2134
ph: 02 9747 4400
fax: 02 9744 6581

Agent

Sam Hill
Mobile: 0419 747 440
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