1 Birmingham Street, Alexandria, NSW, 2015

X Commercial are excited to offer to 1 Birmingham Street, Alexandria to market for sale via Public Auction.

A prime & strategically located site within a highly desirable pocket of Alexandria, the property sits on the corner of Birmingham Street & Gillespie Avenue with direct access & exposure to Botany Road, providing convenient access to all of metropolitan Sydney.

An exciting opportunity to secure a boutique trophy asset to occupy, develop or invest with a current holding income to ASX listed PPG industries Trading as Taubman's Paint, underlying development potential or secure your business in this prime and irreplaceable location to benefit from the ever growing & gentrifying mix use pocket of South Alexandria.

Property Features:

• Total site area 364sqm*

• Total building area 193sqm*

• On-site parking

• Zoned E3 Productivity Support

• FSR 2:1

• Height limit 22m

• Potential GFA 728m2

Income particulars:

• Lease to ASX listed company PPG industries Trading as Taubman's Paint.

• Net income $115,000* + GST pa

• Tenant 100% responsible for outgoings

• Active 12-month demolition clause in favor of vendor

*approx.

Auction to be held on Tuesday 3rd of September 2024 - Auction Works, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.

For further details, please contact the below exclusive X Commercial selling agents listed.

Remember to mention you found this property on CommercialReady