35 Botany Road, Waterloo

At this address is a unit in 3/DP83367 Waterloo NSW. In the council area Sydney, it has 9 bedrooms, 5 bathrooms.

ABOUT THE PROPERTY

Bedrooms
9
Bathrooms
5
Car spaces
0
Land size
202 m2
Building size
442 m2
Council area
Sydney
Year built
n/a
Lot plan
3/DP83367 Waterloo NSW
House type
Business: Tourist & Leisure Services



HISTORY

Last sold 08/10/2019
$1,825,000



LISTING DESCRIPTION
as of April 2020

Rare Freehold Mixed Use Assets in Strong Growth Precinct 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 DETAILS35 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 RdWater Rate - $472.51pq*Council Rate - $810.40pq**approxAUCTION DETAILS:Date - Tuesday 1st of October 10:30amVenue - Auctionworks Centre, 50 Margaret Street, Sydney