Corner site for sale in Sydney's Ashfield
A potential mixed use development site (subject to council approval) on a prominent Parramatta Road corner at Ashfield in Sydney's inner western suburbs is up for sale for the first time in 30 years.
The combined sites, at 502-596 Parramatta Road (above) and 164 Frederick Street, are being marketed by Ray White Commercial Inner West's Kristian Morris and Tim Morrison.
Price expectations were not disclosed.
The corner block was a former timber yard and spans nearly 1,445 square metre.
“The land offers high exposure to approximately 100,000 vehicles daily and is less than 15 minutes from the Sydney CBD," said Morris.
The site has three street frontages and rear lane access.
“The site is zoned Flexible B6 Enterprise Corridor which allows a 15 metre building height limit and a maximum floor space ratio (FSR) of 1:5:1,” added Morrison.