OTTO Newtown, 66 Brocks Lane, Newtown
66 Brocks Lane, Newtown, NSW, 2042, AU
Description
JLL and Knight Frank is pleased to bring to market 442 Parramatta Road, Petersham, known as OTTO Petersham.
Positioned on Parramatta Road within Sydney's Inner West, OTTO Petersham benefits from direct access to leading education institutions and transport infrastructure, with TAFE NSW Petersham just a 4-minute walk away* and the University of Sydney a 12-minute bus ride away*.
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Attributes
Land area gross
4,553 sf
Keys
21
Media
Investment Highlights
- 21 fully self-contained accommodation studios ranging from 19 sqm* to 32 sqm* plus ground-floor retail tenancy
- Located on a major arterial corridor with excellent public transport connectivity
- Less than 1km* from Petersham Railway Station
- Immediate access to TAFE NSW Petersham and the University of Sydney
- Net passing income of $657,929* per annum.
- Recently completed offering generous depreciation benefits.
- Exposure to ongoing Parramatta Road urban renewal corridor
*Approximately
A 100% interest in 442 Parramatta Road, Petersham is available via Expressions of Interest closing on Thursday 7th of December at 4pm.
For more information or to arrange access to the data room, please reach out to the exclusive sales agents.
Contact brokers
OTTO Petersham, 442 Parramatta Road, Petersham (0 Properties)
