121 Parramatta Road,
Annandale, NSW 2038

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Map of 121 Parramatta Road

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Mixed use renovation opportunity
Retail/Commercial/Residential
Main road frontage & rear lane access

The property provides an outstanding opportunity to acquire an affordable freehold mixed use building with excellent exposure to Parramatta Road with rear lane access via Albion Lane.

Key highlights of the property include:

- Situated within five kilometres of the Sydney CBD and within close proximity to Broadway Shopping Centre, University of Technology Sydney (UTS), Royal Prince Alfred Hospital and the highly publicised Sydney Fish Market and Bays Precinct upgrades

- Within the strategic growth corridor of Parramatta Road that links Sydney CBD to the West

- Excellent access to public transport, with local bus stops within 50 metres of the property linking to the CBD

- Flexible B2 Local Centre zoning allowing many and multiple uses (STCA)

- Undercapitalised property with potential for building extension (STCA)

- Potential for multiple income streams over separate occupancies

- Front and rear lane access with valuable off street secure parking

Suitable for investors, owner occupiers or value add specialists.

The property is offered For Sale by way of Public Auction
10:30am Thursday 17th August 2017

Dexus Place
5/1 Margaret Street
Sydney NSW 2000

Annandale, 2038 demographic data

The median household income for Annandale is $2,683, 29% higher than Greater Sydney's household income of $2,077. Annandale has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 53% of property owners in Annandale have a mortgage.

9,487

Population

$2,683 per week

Median household income

38 years

Median age

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