Property ID: 1P0747

75-77 Union Road Penrith NSW

  • Offices
  • Sold
  • 786 sqm
  • 1275 sqm
  • B4 Mixed Use
Commercial Investment with Development Upside
PRD Commercial Western Sydney have been appointed exclusive marketing agents to offer for sale 75-77 Union Road, Penrith by way of Public Auction.

An exciting opportunity to acquire a perfectly positioned commercial investment located right on the Cities doorstep.

Made up of 3 individual strata units the opportunity exists to purchase in one line & own the whole site. Modern building with quality tenants of long standing in the Penrith business community.

The property has upside to hold & redevelop or develop the substantial carpark at the rear.

One of the best positioned & most exciting opportunities offered for sale in some time.

This freestanding Commercial building was built in approx. 1999 and provides a strong income with development upside.. Fully occupied by three well known, highly relevant Penrith businesses.

Modern, well designed & maintained building in key future development location. Large on grade parking with potential to add to existing structure to increase building mass.

TOTAL SITE AREA: 1,275sqm (approx)

ZONING: B4 Mixed Use

HEIGHT LIMIT: 20m

COUNCIL: Penrith City Council

TOTAL BUILDING AREA: 786sqm (approx) Comprising of;

Unit 1 - 159 sqm

Unit 2 - 158 sqm

Unit 3 - 393 sqm

Common Area - 76 sqm

Information Memorandum available on request with detailed information relating to Tenancy and Outgoing schedules.

To be Auctioned on Wednesday 20th October 2021 at 11:30am.

Note: Due to NSW Health Orders Auction will be run online utilising Auction Now Platform. The follow, register and bid please contact Darren.

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.

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