• Versatile 2,405.20sqm (approximately) two-level standalone building
• 3,038sqm (more or less) freehold landholding with good street frontage
• Intensive Business - Mixed Use zone provides considerable development upside
• Positioned moments from Ellerslie village, close to motorways and train station
• Flexible opportunity for add-value investors, developers and occupiers
15 Sultan Street comprises two levels of office accommodation totaling 2,405.20sqm (approximately). The property offers 75 car parks - both secure basement and uncovered that provide holding income of approximately $193,200pa + GST, based on a monthly rolling arrangement.
Underpinned by a large 3,038sqm (more or less) fee simple site the property benefits from intensive Business - Mixed Use zoning, allowing for both commercial and residential developers to unlock a range of future development options.
Alternatively, the versatile building and abundance of on-site car parks will hold appeal for both owner-occupiers and add-value investors.
Strategically located moments from the Ellerslie Village with motorway access in both directions and within walking distance of the train station, it is easy to see why this location is fast developing as a popular residential and commercial precinct.
Own and occupy, add-value and invest or develop, the choice is yours!
Tender closes at 4pm, Tuesday 29th October 2024 (unless sold prior).
Tommy Zhang +64 21 760 889
James Were +64 21 740 032
Ian Hall +64 21 451 411
