EXPRESSION OF INTEREST
PROPERTY: SHOPS AT 530 MERRYLANDS ROAD, MERRYLANDS
SHOPS AT 3 SHERWOOD ROAD, MERRYLANDS
Situation - Location:
The property is located on the corner of Merrylands Road and Sherwood Road, about 1.5 kilometres south of the M4 motorway.
Merrylands is situated about 26 kilometres west of Sydney CBD.
Description:
Land:
An irregular shaped corner block of land with a gentle cross-fall to the western boundary. Easy access via Merrylands Road, Sherwood Road and Coolibah Street.
The surrounding area is mixed and made up mostly of brick commercial buildings, which vary in age from 20-70 years old, with a few houses located nearby.
Land Dimension / Area: (see attached DP)
The property 530 Merrylands Road Merrylands West has an area of approximately 6420m2. The property 3 Sherwood Road Merrylands West has an area of approximately 639m2.
Zoning:
The current zoning of the property is ZONE: Business, B2 under Holroyd Council.
Note: A 149 zoning certificate for each property is available for inspection.
Improvements:
The subject improvements comprise of a single storey attached building constructed of rendered brick, blocks and concrete with a deck roof. Shop 7 is located on the south western side of the building. It is approximately 1395m2 of commercial space, currently operating as a "IGA" supermarket. The shop has a large open area current with its functional purpose fit-out to its current state. A loading dock, storage area, staff amenities, office and bathroom facilities area situated to the rear southern side of the shop. A large open parking area, servicing the several shops in the complex is located to the front northern, eastern and southern sides of the shop.
Other Shops / Businesses in the complex area:
Pizza Shop
Chemist
Pizza Shop
Butcher
Take Away Food
Newsagency
KFC
Bo Pang Restaurant
Subway
Annual Rental Return:
Gross Annual Rental Return is $690,000.00 (approximately)
