Development Site with Holding Income in Sydney Metropolitan Growth Corridor
- $10,000,000/Contact Agent
Property Description
Stonebridge Property Group is pleased to present for sale a prime development site with the benefit of 2-years of holding income, on behalf of revered charitable organisation, Barnardos Australia.
The key highlights of the opportunity include:
– Significant 2,562 sqm1 land parcel
– 51* metre frontage to Kerr Parade
– Positioned on the fringe of Auburn’s bustling CBD, 400 m* from Auburn Railway Station
– 2 years of secured holding income as part of a leaseback to Barnardos
– B4 Mixed Use Zoning2
– Favourable planning controls2. FSR of 3:1 and Height control of 32 m
* Approximately
1 DP845327 NSW Plan
2 Cumberland Local Environment Plan 2021
18-24 Kerr Parade Auburn is for sale by Expressions of Interest closing Tuesday 21st June 2022 at 4pm AEST.
To obtain further information or to arrange an inspection, please contact the Stonebridge team.
Property Code: 414


