Adam Charles as exclusive agents is proud to announce the successful sale of 313 Chapel Road Bankstown, an iconic retail investment.

The opportunity benefits from the following key features:

•Trophy investment opportunity within a secure asset class
•Arcade style freehold with multiple income streams
•Substantial 868 sqm land holding, boasting a large 20m frontage to Chapel Road and rear lane access, offering great value-add and redevelopment potential
•Approximately 1,614 sqm building area, across two storeys of retail and dining
•Flexible and sought after B4 Mixed Use zoning, permissible for a range of uses
•Floor space ratio 2:1, allowing maximum gross floor area of 1,736 sqm (STCA) and 17 metre height limit
•Fully leased income of c$551,119** per annum gross, with potential for further rent reversion
•Strategic location that will benefit from future density uplift in the Canterbury-Bankstown LEP review
•Prime location, in a vibrant and well-known retail and dining precinct with high pedestrian activity
•Surrounded by a wealth of amenity, including Bankstown Central, Western Sydney University, Western Sydney Airport, future Bankstown Metro
•Situated in a well-established suburb with expansive infrastructure upgrade and unprecedented growth potential

For a copy of the offer/sale analysis please contact the agents.
**Internal sale agreed amongst ownership