52-54 Freeman Street,
Lalor Park, NSW 2147
Shops & Retail • Other
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RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
52-54 Freeman Street
Lalor Park, NSW 2147
Map of 52-54 Freeman Street
FREEHOLD IGA SUPERMARKET INVESTMENT WITH DEVELOPMENT UPSIDE^
- Tenant: IGA Supermarket
- Freehold Building with Upside^
- Zoned B2 - Local Centre
Ray White Commercial is pleased to present the opportunity to purchase 52-54 Freeman St, Lalor Park, NSW via Public Auction.
This essential service property has been a supermarket for over 36 years and leased to the same tenant IGA for 17 years. It is an excellent opportunity to secure a freehold investment with significant development upside^ in one of the largest councils in NSW - Blacktown City Council.
Additional Highlights of the property are outlined below:
*Total site area 758m2*
*Combined building area 745m2*
*Net income $141,172.35* + GST
*Two separate titles allows flexibility to lease separately in future
*Offered for the first time in over 30 years
*Future development potential for various options including shop top housing & retail/commercial development (STCA)
*Council car park in front of the property
*Two (2) street access including rear lane access with loading dock
*Surrounded by other essential businesses including Post office, Pharmacy, Cafe and Liquor store.
The property will be offered for sale via Public Auction on Wednesday, 16 June 2021 at 11:00am
Venue: Holiday Inn Parramatta, 18-40 Anderson Street, Parramatta
For more information, please contact the exclusive agents.
*Approx.
This essential service property has been a supermarket for over 36 years and leased to the same tenant IGA for 17 years. It is an excellent opportunity to secure a freehold investment with significant development upside^ in one of the largest councils in NSW - Blacktown City Council.
Additional Highlights of the property are outlined below:
*Total site area 758m2*
*Combined building area 745m2*
*Net income $141,172.35* + GST
*Two separate titles allows flexibility to lease separately in future
*Offered for the first time in over 30 years
*Future development potential for various options including shop top housing & retail/commercial development (STCA)
*Council car park in front of the property
*Two (2) street access including rear lane access with loading dock
*Surrounded by other essential businesses including Post office, Pharmacy, Cafe and Liquor store.
The property will be offered for sale via Public Auction on Wednesday, 16 June 2021 at 11:00am
Venue: Holiday Inn Parramatta, 18-40 Anderson Street, Parramatta
For more information, please contact the exclusive agents.
*Approx.
Property ID: 503828858Last Updated: 15 Aug 2021
RWC - Western Sydney 15-17 Argyle Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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