260 South Terrace, Bankstown

This is a unit located on a lot in 3/DP525239 Bankstown NSW. The local council is Canterbury-Bankstown, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
5
Land size
803 m2
Building size
70 m2
Council area
Canterbury-Bankstown
Year built
n/a
Lot plan
3/DP525239 Bankstown NSW
House type
Commercial: Retail Building



HISTORY

Last sold 10/09/2018
$3,150,000



LISTING DESCRIPTION
as of September 2018

PROPERTY SPECULATOR & DEVELOPER ALERT! Located within the Bankstown CBD is a rare opportunity to purchase an 803 square metre (approximately) commercial site with rear lane access right next to a multilevel council car park. It's literally a 3 minute walk (260 metres) to the railway station and not much further to Bankstown Central Shopping Centre and everything else this thriving precinct has to offer.The property is currently leased as 3 separate tenancies with 2 shops & 1 tenancy accessed via the rear lane with a combined passing income of $62,920.08 per annum Gross plus GST.Zoned B4 Mixed Use, the opportunities are significant for the astute property speculator or developer. Watch out for the active cranes on your way to the site as nearby construction is rife.The clock is ticking and time waits for no one.Arrange an inspection now!