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CBRE - Sydney

2 Francis Street Marrickville, NSW 2204

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2 Francis Street,
Marrickville, NSW 2204

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Added 7 days ago

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Sale - Auction Tue 17 Aug

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CBRE - Sydney

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
2 Francis Street
Marrickville, NSW 2204

Map of 2 Francis Street

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  • Train stations within 5 km of 2 Francis Street, Marrickville, NSW 2204Distance
    Marrickville Station138 m
    Dulwich Hill Station1.1 km
    Sydenham Station1.2 km
    Tempe Station1.3 km
    Wolli Creek Station1.9 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 2 Francis Street, Marrickville, NSW 2204Distance
    Dulwich Hill Light Rail1.2 km
    Dulwich Grove Light Rail Stop1.6 km
    Dulwich Grove Light Rail1.6 km
    Arlington Light Rail1.8 km
    Waratah Mills Light Rail2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 2 Francis Street, Marrickville, NSW 2204Distance
    Marrickville Rd Opp Marrickville Town Hall309 m
    St Brigid's Catholic Church, Marrickville Rd320 m
    Marrickville Rd Before Illawarra Rd344 m
    Livingstone Rd Opp Parish of Saint Nicholas374 m
    St Brigid's Church, Livingstone Rd400 m
    POWERED BY HERE ©
POWERED BY HERE ©

RARE INNER WEST APARTMENT BLOCK OF 15 APARTMENTS WITH PARKING

  • 6x1 bed & 9x2 bed apartments + parking
  • 200m from Marrickville Train Station
  • Proposed high density/mixed use zoning
CBRE, as the exclusive sales agent, is pleased to present 2 Francis Street, Marrickville.

2 Francis Street, Marrickville is a securely leased freehold investment comprising 15 apartments over three storeys. The property occupies a generous land offering of 965sqm* and provides discerning purchasers the ability to maintain a steady cash-flow, refurbish or subdivide and sell down. Located in the heart of Marrickville, 2 Francis Street benefits from being within immediate proximity to Marrickville Train Station (200m*), Woolworths (150m*) and Sydney CBD (7.5km*). 2 Francis Street is located within the Sydenham to Bankstown Urban Renewal Corridor Strategy and has been earmarked for high rise and/or mixed use, allowing a maximum of 12 storeys. Further, additional height may be achieved on large sites in consolidated ownership, providing further development upside.

2 Francis Street, Marrickville benefits from the following key attributes:
- Total of 6 x 1 bedroom & 9 x 2 bedroom apartments
- Parking for 15 cars
- Conveniently located less than 200m from Marrickville train station
- Fully leased gross income of $338,444*
- Earmarked for high density and/or mixed use zoning allowing up to 12 storeys

2 Francis Street, Marrickville will be sold via Public Auction on Tuesday, 17 August 2021 at 10:30am at AuctionWORKS (live stream & online bidding available).

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property ID: 503875598Last Updated: 27 Jul 2021

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CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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Nicholas Heaton

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Nicholas Heaton
CBRE - Sydney
2 Francis Street Marrickville, NSW 2204

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I’m interested in this property. Could you please provide me with more information.

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