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657 Glebe Road, Adamstown, NSW, 2289
Adamstown
The subject property comprises a standalone building of 242 square metres*, currently leased to the Endeavour Group (BWS), ensuring secure income until 2030. Internally, the premises feature an open-plan retail area, a cool room, and a dedicated loading/storage area accessed both internally and from the car park.
Zoned E1 Local Centre, the site presents significant long-term development potential, with a 14-metre height limit and a 1.5:1 floor space ratio (FSR). Additionally, the property is located within a Transit Oriented Development (TOD) precinct, potentially unlocking further development opportunities (STCA) upon lease expiry.
What makes this opportunity even more exciting is the option to purchase the adjoining property 5 Wood Street, Adamstown. Combined, the two sites unlock exceptional redevelopment potential (STCA), making it a strategic acquisition for developers looking to capitalise on over 1,000 square metres* of land and growing demand in the area. This is your chance to secure a foothold in a tightly held location with strong future upside.
For Sale by Public Auction | 21 August 2025 from 10:30am (AEST)
Cooley CBD, Dexus Place, Level 5, 1 Margaret Street, Sydney, NSW.
For more information, please contact exclusive selling agents, Ben Robinson and Peter Macadam of Colliers.
*Approximate.
Remember to mention you found this property on CommercialReady
The subject property comprises a standalone building of 242 square metres*, currently leased to the Endeavour Group (BWS), ensuring secure income until 2030. Internally, the premises feature an open-plan retail area, a cool room, and a dedicated loading/storage area accessed both internally and from the car park.
Zoned E1 Local Centre, the site presents significant long-term development potential, with a 14-metre height limit and a 1.5:1 floor space ratio (FSR). Additionally, the property is located within a Transit Oriented Development (TOD) precinct, potentially unlocking further development opportunities (STCA) upon lease expiry.
What makes this opportunity even more exciting is the option to purchase the adjoining property 5 Wood Street, Adamstown. Combined, the two sites unlock exceptional redevelopment potential (STCA), making it a strategic acquisition for developers looking to capitalise on over 1,000 square metres* of land and growing demand in the area. This is your chance to secure a foothold in a tightly held location with strong future upside.
For Sale by Public Auction | 21 August 2025 from 10:30am (AEST)
Cooley CBD, Dexus Place, Level 5, 1 Margaret Street, Sydney, NSW.
For more information, please contact exclusive selling agents, Ben Robinson and Peter Macadam of Colliers.
*Approximate.
Remember to mention you found this property on CommercialReady
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