Strategic Newmarket holding by Westfield Mall


15 Eden Street, Newmarket

Tender

Download Email
Strategic Newmarket holding by Westfield Mall | 15 Eden Street, Newmarket | 1690854 |      X Close
Image
Description

Strategic Newmarket holding by Westfield Mall


• Freehold, mixed use property in prime Newmarket position

• 792sqm fee simple land, strategically located close to Westfield Mall

• Fully leased returning $241,353 + GST p.a. with huge scope for rental growth

• Intensive Business - Metropolitan Centre zoning (development to 36m height)

• Once in a lifetime opportunity for investors, developers and land bankers

One of the last available sites of this scale in the sought-after Newmarket Mall precinct. The property returns $241,353 + GST p.a (with termination clauses) and is currently configured into four tenancies (two high-stud, industrial-style tenancies, a large two-bedroom apartment and a character-filled commercial office/loft) This north-facing property has considerable appeal as either an investment with potential for significant rental growth, as a development site with an intensive zoning and Double Grammar Zone position or as a strategic land bank next to the Newmarket Westfield Mall, just metres from Broadway.

A once in a lifetime opportunity. Call now for further information.