A strategic and rare freehold opportunity in one of Sydney’s most tightly held large format retail, trade and automotive precincts has come to market. 

The freestanding multi-tenanted large format retail and showroom centre at 27 Victoria Avenue in Castle Hill provides an unprecedented opportunity of occupation, investment and redevelopment potential, which is underpinned by existing income from national occupiers including BCF, Ultra Tune and Pizza Hut.

The Colliers team of Paul McGlynn and Harrison Jones have the exclusive listing, with price expectations in the order of $25M. 

“The highly flexible offering enables near-immediate occupation, repositioning and rental growth opportunities, while the lease expiry profile provides the opportunity to occupy the space in the short-term or reset rents in-line with the market,” Mr McGlynn said. 

“It also provides the chance to be situated among some of Australia’s biggest names including Bunnings, Harvey Norman, JB Hi-Fi, Freedom Furniture, Spotlight, Mercedes-Benz, BMW, Ford, Toyota, and Volkswagen.”

“An opportunity to purchase a freehold site having exposure and access to Victoria Avenue has not been possible in recent years, with the last sale occurring in 2023. This scarcity, combined with its location in an affluent area in Greater Sydney, makes it a highly attractive prospect for a number of purchaser groups,” Mr Jones added. 

The 8,094sqm site, located in Sydney’s Hills District, is a short walk to the Hills Showground Metro development precinct, which is catering for an additional 9,500 homes, with many currently under construction. 

The property features a 2,167sqm high clearance showroom space with immediate access to on-grade parking and benefits from two street access and significant frontage to Victoria Ave, the major spine road through the Castle Hill Trading zone.

One top of this, the property comes with gateway approval to increase the FSR to 1.98:1, an increased height limit to 26m and 16,026m² of GFA, with a proposed state-of-the-art multi-level automotive and retail centre proposed (STCA). 

27 Victoria Avenue, Castle Hill will be offered for sale via an Expressions of Interest Campaign closing Wednesday, 7 May 2025.