Drapac Trust No.3

• Commercial

152-166 Sturt St was purchased in March 2005 for $6,000,000 by Drapac as the sole holding in Drapac Trust Number 3. The property comprised two independent buildings used as a showroom and workshop for motor vehicle sales and servicing. The site was accessible via two street frontages and comprised two separate titles with 3,878 square metres of land and 5,055 square metres of building. The property offered an excellent redevelopment opportunity being in a prominent location with a "Mixed Use" zoning.