36-40 May Street and 11-17 Hutchinson Street, ST PETERS, 2044, New South Wales

16335431.full

Subject: 36-40 May Street and 11-17 Hutchinson Street, ST PETERS, 2044, New South Wales

Auction

Auction 24th October 2017

1,351sqm SITE WITH ENORMOUS POTENTIAL - PRIME INNER WEST LOCATION

Property ID: 13483256

This site offers enormous potential and is destined to see strong re-sales or rental returns being 500 metres from St Peters train station and 6 kilometres from Sydney CBD. A central, appealing & strategic position with all the amenities that Sydney’s Inner West has to offer at your doorstep.



  • Ticks all the boxes when it comes to location, position & potential

  • 1,351sqm site across four properties with two street frontages

  • Currently 2 factories and 2 houses

  • Current FSR of 2:1

  • Zoned part B5 Business Park and part B7 Business Development

  • Four tenants on expired leases provide some immediate holding income

  • Offers a wide range of future redevelopment options

  • Within the rapidly evolving St Peters triangle

  • A rare offering with our vendors seeking a definite sale

  • Opportunity to secure this prime site in this emerging property hot spot bordering Newtown in Sydney’s Vibrant Inner West


Building / Floor Area1,351 sqm
Land Area1,351.0 sqm

Projects

http://www.raineandhorne.com.au/projects

Phone 02 8052 0000
Fax 02 9554 7755


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R&H Suburb Profile: St Peters

R&H Suburb SummaryHouses
Number of sales 43
Average Price $1,053,581
Median Price $1,208,500
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 30 %
R&H Suburb SummaryUnits
Number of sales 41
Average Price $696,439
Median Price $840,000
Median Rental Price $640 p.w.
Change in Rental Rate (5yr) 19 %
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