A unit in 1/DP634480 St Marys NSW. The local council is Penrith, featuring 0 bedrooms and 1 bathroom.
3 Retail Shops In One Line Perfect Investment Located only 310 metres from St Marys railway station and bus interchange, 3 freestanding retail shops in one line and title on a site area of 781.1m2. Positioned in the bustling retail shopping strip with high exposure and pedestrian activity.Fully leased investment with established tenants and stable multiple income streams with 3 individual tenancies and a nett lettable area of 320m2 (approximately). Current gross passing income of $66,723.40 per annum + GST with annual increases.Development potential (STCA) zoned B4 Mixed Use under Penrith Local Council LEP with a floor space ratio of 2.5:1 and a building height of 24 metres.All shops enjoy rear lane access with on site car parking neighbouring council car park and surrounded by established retailers.Auction Tuesday 14 April at 10:30am, In-room 50 Margaret Street Sydney.