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..... Australian Property Network. It's All About Property!
Posted:
2021-07-23 00:00:00
Original link:
http://www.savills.com.au/_news/newsitem.aspx?intSitePageId=109969&intNewsSitePageId=202981-0&intNewsMonth=7&intNewsYear=2021
Located at 2 Erith Street, the land is Zoned B7 Business Park and offers a potential FA of 692.1 sqm (FSR 1.5:1) making the site perfect for industrial or commercial development (STCA).
The deal was negotiated by Sam Wallace of Savills Australia who said “Small parcels of cleared land that are ripe for development seldom come to the market in the area.
“We received over 90 enquiries on the property and multiple pre-auctions offers due to buyers being eager to secure the property prior to the auction. There continues to be a high demand for micro-development sites in the industrial and commercial space and buyers will move quickly to secure opportunities at strong rates”.