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Derelict warehouse sells for $1m-plus in western Sydney

Rebecca HollandProduction editor

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A western Sydney warehouse in a state of disrepair has sold for $1.01 million to an owner-occupier who is eyeing its development potential. The 589sq m property at 16 Mary Street, Regents Park, is zoned R2 low-density residential and has development approval for two attached dwellings. CBRE’s Robert Dowdy managed the sale to Donny Painting & Tiling for a private owner.

16 Mary Street, Regents Park. 

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Based in the Sydney newsroom, Rebecca is production editor of The Australian Financial Review Magazine and Fin Magazine. Connect with Rebecca on Twitter.

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    Original URL: https://www.afr.com/property/commercial/derelict-warehouse-sells-for-1m-plus-in-western-sydney-20201202-p56jya