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657-673 & 675 Parramatta Road, 7 Tebbutt Street and 2 George Street Leichhardt, NSW 2040

657-673 & 675 Parramatta Road, 7 Tebbutt Street and 2 George Street,
Leichhardt, NSW 2040

Offices • Warehouse, Factory & Industrial • Development Sites & Land

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The Leichhardt Collection

  • Sale and Leaseback to Best & Less
  • Proposed Rezoning Precinct
  • 5 Star NABERS Rating
Colliers International are pleased to offer this truly exceptional opportunity in Sydney’s Inner West. A versatile offering of this calibre rarely comes to market in this location and accordingly we anticipate it will be given the deserved consideration throughout the International EOI Campaign.

Key property highlights include:

- Huge amalgamated 6,265m2 block of land
- Substantial existing improvements inclusive of modern office accommodation, warehousing and car parking for 125+ cars
- Excellent location within close proximity to the T2-Inner West Train Line, Inner West light rail route and proposed Metro Line, whilst being only 7.6km by road from the Sydney CBD. Adjoins two high density residential developments being Leichhardt Green and Oasis
- Sale and Leaseback to Best & Less, a national retailer of 197 stores Australia wide founded in 1965, returning $1,300,000+ per annum net-
- Underlying development potential with proposed rezoning to B4 Mixed Use zoning with a 2.4:1 FSR and 21 metre height limit
- Significant reversionary rent opportunity – passing office rent only $250/m2 net
- Value add potential via re-letting the existing improvements upon lease expiry, or via a development application/proposal increasing site density for mixed use development in line with government initiatives and surrounding precedence

For further information don’t hesitate to contact the exclusive agents.

Property ID: 503454274Last Updated: 30 Apr 2020

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657-673 & 675 Parramatta Road, 7 Tebbutt Street and 2 George Street
Leichhardt, NSW 2040

Agency contacts

Colliers International - Sydney
Colliers International - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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Matthew Meynell
Colliers International - Sydney
657-673 & 675 Parramatta Road, 7 Tebbutt Street and 2 George Street Leichhardt, NSW 2040

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I’m interested in this property. Could you please provide me with more information.

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