Stonebridge Property Group and Chris Burke & Co are pleased to present 561-569 President Avenue, Sutherland for sale – a prime mixed-use development site with holding income, located 25km south of the Sydney CBD.

Prominently positioned within Sutherland’s town centre, the corner allotment enjoys excellent exposure and flexible planning controls, providing the ultimate opportunity to create a signature mixed-use development in the heart of a suburban village.

The key highlights of the property are:

• Prominent 2,910 sqm* corner site with three street frontages, located within key Sutherland retail precinct and only 300 metres from Sutherland Train Station
• B3 Commercial Core zoning with Shop Top Housing permissible (STCA)
• Underutilised FSR of 3.5:1 and 30 metre Height of Building allowing potential GFA of 10,185 sqm (STCA)
• Anchored by an IGA Supermarket and complimented by and 3 non-discretionary tenants
• All tenancies have demolition clauses within their leases, ensuring access and optionality
• Attractive mix of fixed and CPI-linked annual reviews driving significant growth across the entire income profile

^As at 30-Jun-2023

IGA Sutherland is For Sale via Expressions of Interest.

Please contact the Stonebridge team for further information, or to arrange an inspection.