687-689 Botany Road Rosebery, NSW 2018
07 Dec 2018
Prime Retail Value Creation Opportunity
- Former Commonwealth Bank (CBA) branch
- Vacant possession
- Value-Add and development potential
Colliers International, on behalf of the Commonwealth Bank of Australia (CBA), is pleased to present For Sale, 687-689 Botany Road, Rosebery, one of four properties offered as part the CBA Portfolio.
The CBA Portfolio presents the astute investor an outstanding opportunity to acquire one of four vacant freehold commercial properties in prime retail locations. Each property offers value-add opportunities and potential development upside across flexible zonings.
687-689 Botany Road, Rosebery highlights include:
- Offered with Vacant Possession
- Previously operated by CBA
- 3-year ATM lease to CBA for $5,000 per annum + GST from the date of settlement
- 242sqm* of site area
- 301sqm* of net lettable area
- Value creation and development upside
- Flexible B4 – Mixed Use zoning
687-689 Botany Road, Rosebery, as part of the CBA Portfolio, is being offered For Sale by way of Public Auction to be held at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000 on Thursday 6th December at 10:30am (AEDT).
For more information, please contact the exclusive selling agents below:
0418 477 888
0488 748 186
0420 364 998
0499 888 024
Property ID: 503017842Last Updated: 7 Feb 2019