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FREEHOLD RETAIL WITH INCOME - NEW 5 YR LEASE

331 & 333 Waterloo Road, GREENACRE NSW, 2190

For Sale

Property for Sale in 331 & 333 Waterloo Road, GREENACRE NSW, 2190

Commercial Property Group - South West Sydney

Level 3, 56 Kitchener Parade, Bankstown, NSW 2200

Listing ID:
11382212
Status:
Active
For:
Sale
Price:
$2,100,000 total, $1,050,000 ea.
Last Updated:
29/05/2020
Icon building

Property Type

Retail
Icon square

Land Area

316 SQM
Icon size

Floor Area

176 SQM
Icon parking

Parking

N/A

FREEHOLD RETAIL WITH INCOME - NEW 5 YR LEASE

Secure one of these prime location retail investments with a high return. New 5 + 5 year leases, as well as development potential to add value in the future.

* 2 freehold retail properties to be sold separately or in one line
* Brand new 5 year leases with annual fixed increases of 3.5%.
* Both tenants have substantial Bank Guarantee security in place.

No. 331 Waterloo Road:
- Total building 90m² approx.
- Total land 158.10m² approx.
- Cafe with new fit out due for installation shortly.
- 3 street frontage location with undercover area at rear.
- 22 Meter frontage to David Road, with additional rear lane access via Hunter Lane.
- Annual rental $52,000 P.A. + GST.

No. 333 Waterloo Road:
- Total building 86.10m² approx.
- Total land 158.10m² approx.
- An established super market.
- 6.7 metre frontage to busy Waterloo Road.
- Annual rental $52,000 P.A. + GST.
- Rear lane access via Hunter Lane.

* Zoned B1: Neighbourhood Centre with development potential for mixed residential/retail usage (S.T.C.A).
* FSR = 1.5:1.
* Building height to 11 metres.
* Located 300 metres approx. from Chullora marketplace shopping centre, and within close proximity to the Hume Highway.

For more details, please email agent

Commercial Property Group - South West Sydney

Level 3, 56 Kitchener Parade, Bankstown, NSW 2200


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