REDEVELOPMENT SITE - SHOPPING CENTRE

Located in the heart of the Penrith CBD is this 3515sq.m commercial site. Currently contains a shopping centre with Franklins as the major tenant plus another 15 speciality shops.

Zoned 3a General industry

Expected Gross income fully leased

$654,946.00

Outgoing budget 2007

$219,000.00

Expected net income fully

Leased

$435,946.00

This property has not been offered for sale since 1987.

Auction date

23rd May, 2007- 7pm Log Cabin Motor Inn, Memorial Ave, Penrith

Details contact Michelle Banning