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Investment 8% Net Return

5 Clyde Street, RYDALMERE NSW, 2116

For Sale

Property for Sale in 5 Clyde Street, RYDALMERE NSW, 2116

Raine & Horne Commercial Parramatta

96 George Street, Parramatta, NSW 2150

Listing ID:
11357849
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
03/10/2019
Icon building

Property Type

Offices/Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

1057 SQM
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Parking

10

Investment 8% Net Return

Located at the gateway of one of Parramatta’s main industrial precincts, being 4kms (approx.) from the Parramatta CBD and 24 kms from Sydney CBD, the property is positioned amongst some of the biggest retail and commercial occupiers in Australia such as Bunnings, McDonalds, Jaycar Electric, Hunter Douglas, Mitsubishi Electric and ALDI supermarket.

Rydalmere railway station, bus stop (Victoria Road) and ferry wharf are all in close proximity to the property. Rydalmere will also benefit from the construction of Stage 2 of the future Parramatta light rail network estimated to be completed by 2025.

An opportunity not to be missed, Claudia’s Penthouse comes to the market to be sold “Vacant Possession”.

Steeped in history, as one of Australia’s finest Gentleman Clubs of its time, offering the finest service and quality a Sydney Brothel could offer.

The property is a double storey industrial strata unit situated in a complex comprising of just four (4) units. This is a rare opportunity to purchase a modern Strata Unit being 1,057sqm (approx.) in size.

The property has a DA Approval for a Brothel with 24hr/7days trading. It includes a Full Fitted comprising of 8 Full Service & Massage Rooms, multiple break out areas including VIP Lounge and staff breakout area.

The property also has potential to increase the number of rooms (Subject to Council or Other Authority Approval).

For more details, please email agent

Raine & Horne Commercial Parramatta

96 George Street, Parramatta, NSW 2150


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