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Iconic Picton CBD Development Site
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36 Menangle Street, Picton NSW 2571

Last Asking Price - $3,000,000

RetailSize: n/a
Block size: 2906 m² approx.
Colliers is delighted to present 36 Menangle Street, Picton to the market For Sale by Public Auction. The property is known as the former General Hardware Store in the Picton CBD, situated on a prime parcel of E1 Local Centre zoned land.

36 Menangle Street represents a unique development opportunity offering the chance to capitalise on the transitioning nature of the Picton commercial precinct at a time where exponential investment and growth is earmarked under the Western Sydney City Deal.

Key Property Highlights:

- Flexible E1 Local Centre zoning which allows for many redevelopment options (STCA);
- Expansive 2,906sqm* total site area with a rectangular shape block;
- Prominent 41m* frontage to Menangle Street, and rear laneway access (Manolis Lane);
- 8.3km* to the Hume Highway providing access to Campbelltown, Liverpool, and Sydney CBD;
- Located in the 'Picton Place Plan' and Wollondilly Shire Cultural, Civic, and Community Precinct Plan;
- Offering versatile development possibilities, including the option to reinstate the existing hardware store for a local owner occupiers; and
- Significant investment from the NSW State Government into road infrastructure, aimed at supporting population growth and overall development.

This is a rare opportunity to acquire an iconic piece of real estate in the culturally rich suburb of Picton. This one if a generation property is not to be missed.

The property will be sold by way of Public Auction on 21st March 2024. The auction will be held 'Dexus Place' Cooley CBD 1 Margaret Street, Sydney NSW 2000. The auction portfolio will commence at 10:30am.

*Approx.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Thomas Mosca to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
2906 *

Other Details

Lot:
1006
Plan Type:
DP
Plan:
1057497
Legal description:
1006/1057497
Colliers International Sydney South West

Maps and area information

Block information
Block size: 2906 (approx)
Legal description: 1006/1057497
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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What's nearby

Picton ShopsMajor Shopping Centre
0.1km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
22 Mar 2024
Sold
Colliers International Sydney South West
Listed: 16/02/2024
Transfer type: Full transfer

Picton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
5,282
Listing ID: 182303293. This listing has been viewed 1 time. It was first displayed on 16/02/2024 and last updated on 22/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.