GOLD STANDARD FREEHOLD INVESTMENT + SIGNIFICANT DEVELOPMENT POTENTIAL

• Cornerstone development site 6:1 FSR max
• Leased to Commonwealth of Australia
• $172,350 plus GST net income

Clearpoint and CBRE are pleased to present 32-33 Beecroft Road, Epping to the market for sale via Expressions of Interest.

This property represents a prime investment asset secured by the Commonwealth of Australia with an estimated net passing income of $172,350 plus significant redevelopment potential, in a commanding corner position in Epping.

32-33 Beecroft Road, Epping benefits from the following attributes:

• Fully leased freehold building tenanted by Commonwealth of Australia with a Triple Net Lease;
• Significant redevelopment potential with a maximum FSR of 6:1;
• Currently a two-storey mixed-use building with unparalleled traffic exposure;
• Prominent corner position with three street frontages;
• Located within one of Sydney's largest urban renewal area;
• Land area of 395sqm*;
• NLA of 401sqm*;
• Estimated net passing income of $172,350*;
• Excellent vehicle and pedestrian access; and,
• Set to benefit from new and upcoming developments in Epping.

The property will be sold via Expressions of Interest closing Wednesday 8 April 2020.

For more information please contact the exclusive agents:

CLEARPOINT
Rhys Donnellan
+61 418 486 709

CBRE
Peter Krieg
+61 412 822 144
Tao Shi
+61 421 218 031

*Approximate, based on information provided by Vendor

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.