Shop 3, 566 High Street, Penrith, NSW 2750

Investment | Retail

Sold

  • Property ID: 279443
  • Floor Area: 65m²
  • Land Area: 65m²
  • NBN Availability: Service Available
  • Nearby Parking: Commercial
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/02/2018 65m2 65m2 Contact Agent
HIGH STREET INVESTMENT OPPORTUNITY

* An ideal opportunity for an investor to secure property in prime position on the bustling Penrith retail strip
* Leased to Barber on High who have occupied the premises for the past 4 years
* Sought after position benefiting from high pedestrian and vehicular traffic
* Rare and highly affordable opportunity to secure a retail investment leased to a quality tenant
* Currently returning $27,455.04 per annum gross + GST approx.
* Lease expires 30 November 2019
* Council rates: $2,229.19 P/A, Water rates: $102.48 P/A, Strata levies: $7,006.20 P/A
* Strategic tightly held position poised for growth
* Highly popular retail strip in Sydney's thriving outer West surrounded by popular retailers, boutiques and eateries
* Adjacent from the development of Triangle Park. Completion expected February 2018

All prices quoted exclude GST
Inspections by appointment only

Additional Information
Features
  • Zoning: B4
Penrith Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4199 $231 5.50%
Offices $6981 $345 4.94%
Retail $4183 $500 11.96%
This is the average advertised price, rent and yield for Penrith, NSW 2750*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Raine & Horne Commercial Penrith

 

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Shop 3, 566 High Street, Penrith, NSW 2750. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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