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35 & 37 Botany Road, Waterloo, NSW 2017
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
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35 & 37 Botany Road, Waterloo, NSW 2017
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