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144 Waterloo Road, Greenacre, NSW 2190, 5 Bedrooms, 2 Bathrooms, House

Auction

144 Waterloo Road, Greenacre, NSW 2190

5
2
461m2
HouseListed on Thu Jul 18
Estimated priceSouth Western Suburbs

Greenacre 5 Bedroom Exceptional commercial opportunity on Greenacre's shopping strip

Perfectly positioned in the Greenacre shopping strip, 144 Waterloo Road presents a prime commercial opportunity for investors and developers. This property offers seven tenancies and holds potential for further redevelopment (STCA).

Featuring multiple commercial shops, the property yields strong and consistent rental returns. Zoned B2 with a 2:1 FSR and a 14m building height, it encourages new development with a mix of commercial and residential spaces. The location ensures excellent exposure with abundant customer parking at the rear and in nearby council car parks.

- Exceptionally situated in the bustling Greenacre shopping strip, high pedestrian traffic

- Existing property offers seven tenancies with potential for further redevelopment (STCA)

- A unique mix of five commercial shops and two offices upstairs returning?$332,294 pa approx.

- Current tenants include a bakery, cafe, patisserie, and two educational centres

- Zoned B2 with a 2:1 FSR and 14m building height, encouraging new development

- Opportunity to create a profitable mix of commercial and residential spaces (STCA)

- Well-appointed businesses all equipped with lighting, water, and essential elements

- Lease the site as is and retain the current tenants, or completely revamp/update (STCA)

- Located mere footsteps from rapid public transport, bus stops and places of worship

- Positioned within 240m of Al Sadiq College, Greenacre Public School, and Roberts Park

- Ample customer parking available at the rear of the building, nearby council car parks

DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$2,200,000
Land462m²
Planning ZoneLocal Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio2.5
Height of Building20 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Banksia Road Public School
0.64 km
Primary
K-6
Government
icsea: 966
Punchbowl Boys High School
1.83 km
Secondary
7-12
Government
icsea: 908
Bankstown Girls High School
2.71 km
Secondary
7-12
Government
icsea: 949

Property history

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For developers

lot2B
planDP420573
zoneCodeB2
primaryZoneDescriptionLOCAL CENTRE
URLhttps://legislation.nsw.gov.au/view/html/inforce/current/epi-2008-0572

Greenacre surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
120 Macquarie Street, Greenacre
0.41 km
4
3
-m2
Year 2024 Month 11 Day 25
-
Council approved
111 Waterloo Road, Greenacre
0.36 km
3
3
-m2
Year 2024 Month 09 Day 18
$2,200,000
Council approved
85A Pandora Street, Greenacre
0.34 km
4
2
-m2
Year 2024 Month 08 Day 29
-
Council approved
8/37 Boronia Road, Greenacre
0.30 km
3
2
-m2
Year 2024 Month 08 Day 08
$780,000
Council approved
278 Wangee Road, Greenacre
0.14 km
5
4
-m2
Year 2024 Month 07 Day 26
$3,100,000
Council approved

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Ref:2P4069Last update:2024-07-18 12:10:45