185 Marion StLEICHHARDT

Savills and Stone Commercial are pleased to present 185 Marion Street, Leichhardt.

A rare opportunity to occupy, reposition or redevelop.

- High exposure commercial investment
- 628sq m* of internal area + 14 car parks
- Diversified income over seven commercial suites
- Gross annual rent of $175,403*
- 68% of gross income* derived from healthcare tenants
- Large 835sq m* site area
- R1 General Residential zoning

185 Marion Street comprises a two-storey commercial property, with 628sq m* of internal building area with 14 off-street car parks. Currently split into seven commercial suites of varying sizes, the asset is leased to a diverse mix of tenants and offers unique flexibility for any incoming occupier or investor.

Sitting on a generous 835sq m* site, 185 Marion Street benefits from valuable R1 General Residential zoning. Located at the heart of Leichhardt, directly opposite Leichhardt Marketplace and just 350 metres* from Marion Street Light Rail Station, the asset represents a prime opportunity for redevelopment.

*approx.

185 Marion Street, Leichhardt is offered for sale via Public Auction commencing at 10:30 AM on Tuesday, 7 May 2024.

For further information please contact a member of our team.