326-330 Marrickville Road

326-330 Marrickville Road, Marrickville 2204

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LEASED SOLD
  • Area m2 1,247m2
  • Method of Sale Expression of Interest
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Property for Sale

PRIME INNER WEST DEVELOPMENT SITE WITH HOLDING INCOME The existing improvements on 326-330 Marrickville Road, Marrickville comprise a single level retail facility currently occupied by Bing Lee, the electrical retailer. The building is of brick and render construction with a corrugated iron roof with importantly, an exceptional 15.495m frontage to Marrickville Road on a 1247sqm site. The site has a net income of just over $301,000 as of April 2015. The lease expires in April 2018 with no option. Potential for delayed settlement. Expressions of Interest close on 25th March 2015 at 3pm.

Location

326-330 Marrickville Road has a high profile frontage to Marrickville Road, between Illawarra Road and Petersham Road, as well as rear lane access from Touhy Lane in Marrickville, in Sydney’s Inner West. The property is 600m from Marrickville Railway Station and 10km from the Sydney GPO. The area is well serviced by buses running inthe area as well as to the CBD. Marrickville is a diverse suburb consisting of both lowand high density residential, commercial and light industrial areas.Marrickville has become a much sought out location due to its proximity to the City CBD and suburban lifestyle.

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