Ashfield’s Polish Club cashes in as neighbours sell up
The Polish Club in Ashfield has joined forces with neighbouring properties to sell part of their inner west real estate profile.
The club’s portion at 75 Norton St, which is next door to the existing club, will be combined with a number of other properties on Norton St and Liverpool Rd and will total about 4508sqm.
The segment the club is selling off is currently an open carpark and partly burnt-out building. It will not include the club itself.
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The remainder of the site consists of retail and commercial tenancies that have been owned by the same two families for many years.
JLL’s Leslie Cheng says the site is over six individual titles and that the club was interested in potentially working with the new owners to retain their presence.
“The club’s board has a vision to increase its attractiveness to members, the local community and customers via the development,” he says.
The area is zoned B4 Mixed Use, which allows development to a height of 23m. Ben Hunter from JLL says he expects the site to be hotly contested.
“There are not many large mixed-use sites remaining in Ashfield and the amalgamated property we are taking to market has the potential for mixed-use development,” he says.
The Ashfield Polish Club was officially opened in 1967 and its roots date back to the late 1940s when Polish emigrants arrived in Australia after World War II. The expressions of interest campaign closes on October 12.
This article from the Inner West Courier originally appeared as “Polish Club in Ashfield joins with neighbours to sell part of property portfolio”.