6-10 Rich Street offers a once in a generation opportunity in one of Sydney's most popular and vibrant locations. Currently the property consists of 2 industrial tenancies, both of which provide high clearance warehousing (6-7.5 metres), ample onsite parking, and access from two Streets.
The property has significant frontages of over 50 metres to both Rich and Chapel Streets and has a zoning that allows for a range of future uses or developments with permissible uses that include Business Premises, Light Industries, Warehouses, Childcare facilities, Hotel/Motel, Industrial Retail premises, Office Premises, Education Facilities, Specialised Retail Premises and more subject to approval. Both of the current leases expire on the 31st August 2027.
In an exciting and evolving suburb in Sydney's Inner West, here you are a short stroll from Toga's Wicks Place Development which features a new Harris Farm Market and 270 apartments. The property is within walking distance from Sydenham train station and the Metro Railway, in an area that includes popular eateries, theatres and entertainment venues, only 7 kilometres from Sydney's CBD.
Key Features:
• 2 Industrial tenancies on a 3,654m2 site with two 50 metre street frontages
• 6A - 2,015m2 warehouse and office tenancy, drive-through loading dock, leased until 31 August 27 with no option to renew
• 6b - 1,576m2 warehouse and office tenancy, leased until 31 August 27, no option to renew
• Second Street frontage to 87-91 Chapel Street.
• The buildings could be easily adapted to suit a wide range of uses
• High clearance warehousing, 3-phase power
• Ample onsite parking at both Rich Street and Chapel Street
• A strategic location for your business, investment or development
• Popular neighbours including Gelato Messina, a choice of breweries, cafés, theatres and more
• A central, appealing and strategic position with all the amenities the Inner West is famous for, right at your doorstep
Marrickville is now the place to be, in the midst of its revitalisation, it is a suburb known for its cool amenities and convenient accessibility. Don't miss out on this strategic opportunity to position yourself for success.
The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.
Marrickville has 15,014 properties. Over the last 5 years, Houses in Marrickville have seen a 46.11% increase in median value, while Units have seen a 22.60% increase. As at 31 October 2024:
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