35 & 37 Botany Road,
Waterloo, NSW 2017
Hotel, Motel & Leisure • Development Sites & Land • Shops & Retail
Price information
Sold
$3,650,000
Key property information
Land area
Floor area
Property extent
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Rare Freehold Mixed Use Assets in Strong Growth Precinct
Auction Location: Auctionworks Centre, Mezzanine Level, 50 Margaret St, Sydney NSW 2000.
35 & 37 Botany Rd, Waterloo are two separate freehold buildings being sold together in a line (offers prior to auction for separate dwellings will also be considered). The dwellings are zoned for mixed use, with ground floor retail and upstairs residential. It is situated in a prime location, around the corner from the new Waterloo Metro Station (completion 2024), 3 mins walk to the Australian Technology Park (anchor tenant CBA, 18,000 staff to be relocated there by 2020) and only a 6 min walk to Redfern Station. This is a rare opportunity perfect for any investor, owner occupier, land banker or developer looking for good current income or great future growth.
Key Details
- B4 mixed use zoning
- Toal Land area 442 sqm* Building Area 488sqm*
- Current passing income $152,400.36 gross*
- Rental reversion income $187,324.00 gross*
- Around the corner from new Waterloo Metro Station
- 4 min walk to Australian Technology Park
- 6 min walk to Redfern Station
- 9 mins drive to Sydney CBD
- Potential development opportunity for boutique hotel/student accomodation STCA
- Both retail shops tenanted with residential short term stay upstairs
SIZE AND LOT DETAILS
35 Botany Road - 202sqm*
37 Botany Road - 240sqm*
OUTGOINGS
35 Botany Rd
Water Rate - $456.25 pq*
Council Rate - $893.50 pq*
Land Tax - $4281.30 p.a*
37 Botany Rd
Water Rate - $472.51pq*
Council Rate - $810.40pq*
*approx
AUCTION DETAILS:
Date - Tuesday 1st of October 10:30am
Venue - Auctionworks Centre, 50 Margaret Street, Sydney
35 & 37 Botany Rd, Waterloo are two separate freehold buildings being sold together in a line (offers prior to auction for separate dwellings will also be considered). The dwellings are zoned for mixed use, with ground floor retail and upstairs residential. It is situated in a prime location, around the corner from the new Waterloo Metro Station (completion 2024), 3 mins walk to the Australian Technology Park (anchor tenant CBA, 18,000 staff to be relocated there by 2020) and only a 6 min walk to Redfern Station. This is a rare opportunity perfect for any investor, owner occupier, land banker or developer looking for good current income or great future growth.
Key Details
- B4 mixed use zoning
- Toal Land area 442 sqm* Building Area 488sqm*
- Current passing income $152,400.36 gross*
- Rental reversion income $187,324.00 gross*
- Around the corner from new Waterloo Metro Station
- 4 min walk to Australian Technology Park
- 6 min walk to Redfern Station
- 9 mins drive to Sydney CBD
- Potential development opportunity for boutique hotel/student accomodation STCA
- Both retail shops tenanted with residential short term stay upstairs
SIZE AND LOT DETAILS
35 Botany Road - 202sqm*
37 Botany Road - 240sqm*
OUTGOINGS
35 Botany Rd
Water Rate - $456.25 pq*
Council Rate - $893.50 pq*
Land Tax - $4281.30 p.a*
37 Botany Rd
Water Rate - $472.51pq*
Council Rate - $810.40pq*
*approx
AUCTION DETAILS:
Date - Tuesday 1st of October 10:30am
Venue - Auctionworks Centre, 50 Margaret Street, Sydney
Property ID: 503316202Last Updated: 16 Apr 2020
SFPG - Sydney
Level 7, Suite 703 133 Castlereagh StreetSYDNEY, NSW 2000
04126159...
35 & 37 Botany Road
Waterloo, NSW 2017
SFPG - SydneyLevel 7, Suite 703 133 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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