175 Parraweena Road

Miranda NSW 2228

- Three high-quality existing buildings totalling 4,721m* which can be sold separately or in one line
- Commanding location with two street frontages and a combined 181 meters of exposure, occupying the most prominent street position in the Sutherland Shire
- Generous landholding of 6,586m* across four titles, providing significant scale in an extremely tightly held market
- Approximate passing holding income of $633,043* per annum as the asset is mostly vacant and significantly under rented
- Assessed net market income of $1,845,165* per annum, which could be further enhanced into the future by allowing bulky goods or specialty retail (STCA)
- Prominent high-traffic exposure to Taren Point Road and Parraweena Road, Sutherland Shire's most prominent roads
- Value-add potential with the ability to create immediate value through repositioning, adjusting market rentals, and attracting a variety of national and multi-national tenants
- Diverse collection of assets at various price points, allowing all buyer groups to participate in the sales process
- Ample car parking, providing excellent customer parking across all three assets
- Landmark location with high visibility
- Favourable zoning controls allowing for 9,879m* of allowable gross floor area across the site within a 16 metre height control.
*All figures are approximate

This is a once-in-a-lifetime opportunity being offered for sale for the first time in over 48 years.

Taren Points Legacy Collection is offered For Sale via Private Treaty.

For further information please contact the exclusive selling agents:

Trent Gallagher
0432 242 063

Edward McFarland
0401 868 376