32-33 Beecroft Road,
Epping, NSW 2121

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GOVERNMENT SECURED INVESTMENT + DEVELOPMENT UPSIDE

Cornerstone development 7:1 FSR & 90m
Leased to Commonwealth of Australia
$247,217 + GST income

Auction Location: Call for details and registration

• Gross annual income $247,217 plus GST approx.
• Significant redevelopment potential
• Recommended planning proposal to increase FSR to 7:1 & 90m height

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 if not sold prior.

For more information please contact exclusive agents:

CLEARPOINT
Rhys Donnellan 0418 486 7...

Tracy Yap Realty
Danny Yap 0406 338 088

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.

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.

Epping, 2121 demographic data

The median household income for Epping is $2,243, 8% higher than Greater Sydney's household income of $2,077. Epping has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 50% of property owners in Epping have a mortgage.

29,551

Population

$2,243 per week

Median household income

36 years

Median age

Owners

Most residents

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Most households