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160-168 Heath Road, LEPPINGTON, NSW, 2179
AUD $3,800,000.00
Quantity
Description

PRIME INVESTMENT WITH RESIDENTIAL UPSIDE
CBRE are pleased to offer 160-168 Heath Road, Leppington for sale via an Expressions of Interest campaign.

Currently occupied by Ingham’s, astute developers are afforded the chance to acquire a future residential development opportunity safeguarded by a short term leaseback. With the Sydney south-west housing market currently in the midst of buoyant conditions; prospective purchasers can capitalise on the strong levels of growth being achieved in this area whilst offsetting future development planning and holding costs through the generation of a secure income stream.

160-168 Heath Road, Leppington benefits from the following key attributes:
– Enormous 4.115 HA* land area
– Offered with a three year sale and leaseback + one year option at 5% gross yield
– Closely situated between the cities of Liverpool and Campbelltown – a surging growth precinct
– Governed by favourable R2 and R3 zoning controls, allowing for the achievement potential of approximately 55 residential blocks and 25 medium density dwellings (STCA)
– 2.5KM* from Leppington Train Station

The property will be sold by way of EOI closing 27th April 2017 at 3pm

If you wish to obtain further information, please contact the listing agents:
Frank Oliveri 0419 018 356
Peter Vines 0449 857 100

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