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Retail For Sale found in REDFERN, NSW 2016

AFFORDABLE SHOP & RESIDENCE INVESTMENT

Retail

Prime location on Bourke St amongst boutique and HIP retailers
Currently under rented at only $46,624.80pa plus GST
3 + 3 year lease in place
Valuable mixed use zoning
Rear lane access with parking
Tightly held retail strip location close to Cleveland St and Bourke St primary school
Huge potential to add value and increase the rental return
1st time offered in over 30 years
Located on the cusp of Surry Hills and in what is currently one of the fastest emerging suburbs in Sydney â?? Redfern â?? Ideal chance to secure a great freehold investment with plenty of scope down the track.

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Price: Offers over $1,850,000    Building: 120m²    Land: 120m²    Occupancy: Vacant

GROUND FLOOR OFFICE LEASED INVESTMENT

Investment | Retail | Offices

Aboriginal Legal Services are currently constructing a brand new fit out which will be completed on 8/8/17.
Shop 1 / 199 Regent Street, Redfern presents a large retail / office use premises just leased to the Aboriginal Legal Services, a publicly listed and government funded entity, located within close proximity to Redfern Train Station and the Australian Technology Park. This sought-after retail position with surrounding eateries and city fringe location offers boundless exposure with street frontage in a high pedestrian traffic area. Fully renovated with brand-new fit-out in place, this well-presented office / retail space offers a fantastic option as a new or additional strata investment to any portfolio.
- FIT OUT: Brand new fit out currently under construction, completion 8/8/17
- TENANT: Aboriginal Legal Services (NSW/ACT) Ltd
- TERM: 3 + 3 years
- COMMENCEMENT: 01.08.2017
- SECURITY: $39,875.00 bank guarantee equivalent to 3 months rent
- INCOME: $145,000.00 p.a. + GST as at 01.08.2017 commencement
- OUTGOINGS: $23,160.65 p.a. + GST where applicable
- UPSIDE: 4.25% annually and at the exercise of option
For sale via public auction:
10:30am Tuesday 29th August 2017
Auction Works: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
Open for inspections will take place every Wednesday at 11:00am and every Saturday at 10:30am. Please note inspections will commence on Wednesday 9th August.
To obtain an information memorandum or further property details please contact Nick Moloney.

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Price: SOLD AT AUCTION!    Building: 422m²

LEASED INVESTMENT

Investment | Offices | Retail

Leased invesment located within 200m to Redfern station and main road exposure to busy Regent Street. Utilise the council’s unmetered car park with unlimited parking for clients and staff.
* Recently refurbished and fitted out as a hair dressing salon
* Main Road exposure with a large 10 metre frontage
* Internal kitchen and Bathroom facilities
* Currently Leased until February 2018
* GST exempt- sold as a going concern
* 4% annual rental reviews
* Motivated vendor seeking quick sale!

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Price: UNDER OFFER    Building: 104m²    Occupancy: Tenanted

Properties located in the surrounding suburbs

MAGICAL HOLT STREET POSITION

Investment | Offices | Retail | Showrooms

Located just off Devonshire Street and only a 5 minute walk to Central Station.
/ Prime Holt Street shop with wide frontage
/ 86 sqm + 30sqm exclusive use terrace
/ Lease expiry 14th February, 2019 + 3 year option
/ Great rental of $67,080 gross + GST
/ 4% annual increases + market review at option period
/ Value add opportunity
/ Excellent return

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Price $1,075,000
Building 86m²
Occupancy Tenanted
Property ID 196760


GROUND FLOOR RETAIL OPPORTUNITY

Offices | Retail

The building is located between the intersections of Corben and Waterloo Streets, being only minutes to the Sydney CBD.
/ 88sqm retail
/ New showroom window to be built
/ High visibility and possible signage
/ Not suitable for cafe

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Price $920,000
Building 88m²
Occupancy Vacant
Property ID 258793

GROUND FLOOR RETAIL OPPORTUNITY

Offices | Retail

The building is located between the intersections of Corben and Waterloo Streets, being only minutes to the Sydney CBD.
/ 88sqm retail
/ New showroom window to be built
/ High visibility and possible signage
/ Not suitable for cafe

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Price $920,000
Building 88m²
Occupancy Vacant
Property ID 109645

PRICE SLASHED MUST BE SOLD

Offices | Retail

Bargain hunters look no further! Highly motivated vendor needs urgent sale and will consider any genuine and unconditional offer!
Owner occupiers,investors,you won't go wrong with this rock bottom price at such locale. Property features are
/ Architecturally designed by Nicholas Dunn Architects (of Cargo Bar, the Brooklyn Hotel and The Australian fame).
/ Brand new designer wet-bar
/ Polished concrete floors
/ High-quality fit out
/ Five new amenities for males and females
/ Access to grease trap
/ Suite a variety of uses - including obvious use as a small bar
/ Fully disabled compliant space
/ Boarded by the renowned eatery,gallery and showroom
Approx.Quarterly Outgoings
Strata levies: $5570/quarter
Water rate: $173/quarter
Council: $900/quarter

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Price $650,000
Building 159m²
Occupancy Vacant
Property ID 244611

TWO VERSATILE ADJOINING PROPERTIES IN TH...

Investment | Retail | Development/Land

Knight Frank is delighted to offer two 100% freehold properties at 296-300 Victoria Street, Darlinghurst for sale by Expressions of Interest in “one line.”
Some of the properties' attributes include:
•Prime Victoria Street retail frontage with rear lane access, site area 335sqm*
•Ground floor occupied by "Spice I Am" restaurant with 11 studio apartments plus a 2 bedroom and a 1 bedroom apartment on the upper levels
•Estimated fully leased net income $514,000* plus GST
•Multiple "value add" opportunities available including a concept plan for 25 hotel rooms above the retail (STCA)
•Located 270m* to Kings Cross Train Station and Potts Point Shopping Village
*Approx.
For Sale by Expressions of Interest closing Wednesday 25 October 2017 at 3pm.
For more information or to arrange an onsite inspection, please do not hesitate to contact the agents.

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Price: EOI    Building: 336m²    Land: 336m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Redfern, NSW 2016

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $6093 $473 7.76%
Retail $8654 $395 4.56%
Industrial $300
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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