GOVERNMENT SECURED INVESTMENT + DEVELOPMENT UPSIDE

Cornerstone development 7:1 FSR & 90m
Leased to Commonwealth of Australia
$247,217 + GST income
Gross annual income $247,217 plus GST approx.
Significant redevelopment potential
Recommended planning proposal to increase FSR to 7:1 & 90m height

Clearpoint and Tracy Yap Realty are pleased to present 32-33 Beecroft Road, Epping to the market for sale by Public Auction on Tuesday 14 December 2021.

This property represents a prime investment opportunity on a corner block with significant redevelopment potential

- Currently a two-storey mixed-use building with unparalleled traffic exposure
- Prominent corner position with three street frontages
- Fully leased freehold building tenanted by the Commonwealth of Australia
- Significant redevelopment potential with a current maximum FSR of 6:1 plus Parramatta Council recommended planning proposal to increase FSR to 7:1
- Located within one of Sydney's largest urban renewal areas
- Land area of 395sqm and current NLA of 401sqm
- Approx annual gross income $247,217 plus GST

The property will be sold via auction Tuesday 14 December 2021

For more information please contact exclusive agents:

Tracy Yap Realty
Danny Yap 0406 338 088

CLEARPOINT
Rhys Donnellan 0418 486 709

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.