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Colliers - Sydney

687-689 Botany Road Rosebery, NSW 2018

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687-689 Botany Road,
Rosebery, NSW 2018

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Key property information

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Colliers - Sydney
Harry Bui

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
04184778...
Colliers - Sydney
687-689 Botany Road
Rosebery, NSW 2018

Map of 687-689 Botany Road

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Prime Retail Value Creation Opportunity

  • Former Commonwealth Bank (CBA) branch
  • Vacant possession
  • Value-Add and development potential
Colliers International, on behalf of the Commonwealth Bank of Australia (CBA), is pleased to present For Sale, 687-689 Botany Road, Rosebery, one of four properties offered as part the CBA Portfolio.

The CBA Portfolio presents the astute investor an outstanding opportunity to acquire one of four vacant freehold commercial properties in prime retail locations. Each property offers value-add opportunities and potential development upside across flexible zonings.

687-689 Botany Road, Rosebery highlights include:
- Offered with Vacant Possession
- Previously operated by CBA
- 3-year ATM lease to CBA for $5,000 per annum + GST from the date of settlement
- 242sqm* of site area
- 301sqm* of net lettable area
- Value creation and development upside
- Flexible B4 – Mixed Use zoning

687-689 Botany Road, Rosebery, as part of the CBA Portfolio, is being offered For Sale by way of Public Auction to be held at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000 on Thursday 6th December at 10:30am (AEDT).

For more information, please contact the exclusive selling agents below:

Harry Bui
0418 477 8...

Nick Estephen
0488 748 186

Clarence Chan
0420 364 998

Tom Barnier
0499 888 024

* approx.

CBA18

Rosebery, 2018 demographic data

The median household income for Rosebery is $2,274, 9% higher than Greater Sydney's household income of $2,077. Rosebery has a younger age profile compared to the rest of Greater Sydney (median age 33 vs 37). Property ownership data shows 56% of property owners in Rosebery have a mortgage.

13,533
Population
$2,274 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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