Two well maintained office buildings in Sydney’s Inner West, part of the proposed Burwood North Precinct Masterplan, have come up for sale on behalf of UniSuper.

The two buildings at 31 and 33 Burwood Road, spanning four and five storeys respectively, provide unparalleled potential given they are primed for development, repositioning or occupation. 

Offered together or individually, the properties come with MU1 Mixed Use zoning, permitting a range of uses including but not limited to residential flat buildings, childcare, commercial, education, hotel and boarding house.

The Colliers team of James Cowan, Catherine Scott, Steam Leung and Harry Bui have the exclusive listing, with price expectations of $20 million being available in one line or seperately.

“The two buildings provide robust and quality building fundamentals that are fit for on-going commercial use, reposition or an adaptive re-use strategy. With vast open plan floorplates and two sides of natural light, the buildings lend themselves to a wide variety of refurbishment and repositioning options, while situated in an exciting Inner West suburb,” Mr Cowan said. 

“Australia’s office sector is at a turning point with signals that the transition from 2024 to 2025 is a critical point-in-time for the current office investment cycle. We are witnessing a stabilisation in yields across the sector and the emergence of alternative use strategies continues to evolve and assist in the recalibration of secondary stock in and high vacancy levels,” Ms Scott added.

Burwood is incredibly well-connected to the Sydney CBD through the Train Station and Sydney Metro West, while it has both existing retail amenity and an influx of new infrastructure and developments. 

31 & 33 Burwood Road, Burwood are offered For Sale separately, or in one line, via an Expressions of Interest Campaign, exclusively marketed via Colliers closing Thursday, 13 March.