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Sold Retail found in NSW

STRONG TENANTED INVESTMENT

Investment | Retail | Hotel/Leisure

Gunning Commercial is excited to offer for sale via public auction this great investment opportunity.
The property is situated in the heart of Alexandria at the junction of Bourke and Gardeners Road. The property sits adjacent to Bunning's Warehouse on the ground floor of a commercial strata building.
The property is tenanted by experienced cafe operators whom have committed long term to the property with a strong rental and fixed annual 4% rent increases.
Other features of the property include:
- 87sqm
- Two (2) car spaces on title
- Good loading access
- Timber floors
- Grease trap
- Bifolding front windows
- Unbeatable exposure to passing foot and vehicular traffic
- Strong tenancy and a great return
Contact the agents today to receive an information memorandum or to arrange a private inspection of the property.

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Sale Price: Contact Agent    Building: 87m²    Occupancy: Tenanted

BONDI BEACH INVESTMENT OPPORTUNITY

Investment | Retail | Showrooms

Gunning Real Estate is excited to present to the market for sale by public auction, this magnificent strata retail property in the heart of Bondi Beach's popular retail strip, Gould Street.
Gould Street runs parallel with Campbell Parade and sits one street back from the world famous Bondi Beach. The street has recently undergone a major transformation with the redevelopment of the ANZ bank of the corner of Hall and Gould Street and the sensation redevelopment of the old Swiss Grand Hotel, now known as Pacific Bondi.
This property features:
- Leased to Orlebar Brown
- 57sqm of strata retail area (approx)
- Net rental $105,102.92 annually exclusive of GST
- 6 year lease commenced 1st June, 2016 with options until 2026
- 4% increases from 2019
- Bank Guarantee $30,249.99
- 6 metres of exposure to Gould Street
This is a great opportunity to secure a piece of tightly held Bondi Beach real estate.
For further information or to request a contract, please don't hesitate to contact the agents;
Tom Speakman - 0412 891 330
Harry Sullivan - 0425 232 688

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Sale Price: Contact Agent    Building: 57m²    Land: 57m²

DEVELOPMENT OPPORTUNITY - "UNDER OFFER"

Investment | Development/Land | Retail

Gunning Commercial are pleased to offer for sale, via Public Tender, for the first time in 128 years, 292 – 302 Oxford Street Bondi Junction, NSW.
The subject property is a substantial parcel of land with strong development potential, views to the harbour, located in the core retail and residential hub of the eastern Sydney's eastern suburb of Bondi Junction.
Currently owner occupied by Walter Carter Funerals for past 128 years. Walter Carter intend to lease back the premises for a period whist finalising relocation of the business.
There are few remaining opportunities to secure mixed-use residential commercial development sites on the favored north side of Oxford Street Bondi Junction. Easy walk to Westfield, the shopping mall, bus/rail interchange, and Centennial Park.
(2) Two street frontages – fronting Oxford Street and rear to- Hegarty Lane.
FSR- 5:1 - 38m Height limit.
Tender Closed.

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Sale Price: Contact Agent    Building: 1760m²    Land: 832m²

SOLD PRIOR TO AUCTION - OUTSTANDING MIXED USE INVESTMENT WIT...

Investment | Retail | Development/Land | Offices

Prominent Position + Opposite Station + Chester Hill Mall
Mixed Tenancies - 3 Shops + ANZ Bank + 1st Floor Office and Secure Parking
Gunning is pleased to present for sale a sought after fully leased freestanding, multi tenanted retail and commercial investment property. On a large block, the buildings are substantial and well maintained; comprising of three (3) shops, an ANZ Bank and level one leased to an education group, rear lane access to car parking and tenancies.
Well located in the centre of Chester Hill shopping strip, directly across from Chester Hill railway station and bus interchange, with Chester Hill's Mall on the rear boundary. The Chester Hill shopping strip is vibrant and well supported by the well-established surrounding residential area.
Key features:
• 28 meter frontages to Waldon Rd and Frost Ln: Land area of 940m²
• Ground floor Retail: 695m² (GLA)
• First floor office/ education:380sqm² (GLA)
• Gross Building Area: 1075m²
• Large rectangular shaped block
• Frost Lane provides rear access to the 1st floor education tenancy, shops and parking spaces.
• Secure car parking eight (8) cars
• Strong rental return from established tenants
• Circa 50m to Chester Hill Train Station and Bus Interchange
• Close to schools, industry and other amenities
• Huge future development upside STCA
• Current zoning allows for the construction of a mix of retail, commercial and residential building STCA
• Floor Space Ratio- 3:1: building Height 25meters
• Advantageous B2 Zoning
Tenants include:
• ANZ Bank Group
• Shop 1 – Bakery
• Shop 2 – Best Bamboo Restaurant
• Shop 3 – New Style Trading Supermarket
• Level 1 - Education
Investors have the two fold benefit of a strong income stream from established tenants with a bonus to be gained in the medium term from the re-development potential of the site.
Net Income: $318,000 per annum approximately
AUCTION:
Tuesday, 15th November at 10:30 AM
Venue: auctionWORKS In-Rooms , Mezzanine Level, 50 Margaret Street, Sydney
For further information or to inspect, please contact:
Malcolm Gunning
M: 0413 872 422
E: malcolmg@gunningre.com.au

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Sale Price: Contact Agent    Building: 1073m²


INVESTMENT WITH LONG LEASE

Retail | Hotel/Leisure

Gunning Commercial is excited to offer for sale this prime Oxford Street commercial building at the gateway to Taylor Square, Darlinghurst, Surry Hills and Paddington.
The property offers is leased as a cocktail bar and includes the liquor license and late night trading hours until 12 midnight. The current fitout includes all the must have's for a bar venue including 2 bars, disable bathroom access, outdoor terrace, integrated sound system and cool room facilities.
Features include:
- 145sqm floor area approx
- Land area 93sqm approx
- Zoned business (3)
- Timber floors throughout
- Commercial bar fitout
- Ducted A/C throughout
Lease Details are as follows;
Gross Rent: $80,000 annually
Term: 5 years
Option: 5 years
Annual Increases: 4%
Security Bond: 3 months gross rent
Commencement: 1 October, 2014
Call the agents today for more information or to organise an inspection of the property.

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Sale Price: Contact Agent    Building: 145m²    Land: 93m²    Occupancy: Vacant

LEASED TO NATIONAL RETAILER

Investment | Showrooms | Offices | Retail

Gunning Real Estate is excited to offer to the market for sale by private treaty this outstanding retail investment, leased to national tenant Thonet.
This property offers the astute investor the opportunity to acquire this retail investment in tightly held Boundary Street. Situated among some of Sydney's top furniture, fabric and textile showrooms, this property benefits from a secure and long term lease to national furniture brand Thonet.
This property features:
- 3 year lease to "Thonet" (with options until 2028)
- Commenced April, 2015
- 110sqm of NLA plus 1 x secure car park
- 4% increase annually
- Net Rent: $80,000 approx.
- 100% outgoings paid for by tenant
For further information, please feel free to contact the agents;

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Sale Price: Contact Agent    Building: 110m²    Occupancy: Tenanted

SECURE INVESTMENT, PRIME DARLINGHURST POCKET

Investment | Retail | Hotel/Leisure

Gunning Real Estate is excited to offer for sale this outstanding retail investment opportunity in the prime pocket of Darlinghurst.
The property is located on the corner of Crown and Burton Streets in Darlinghurst, moments from Oxford Street and a short stroll from the CBD. Occupied by one of Sydney's most reputable bar's - Pocket Bar, this property has a rich reputation within the hospitality industry.
The House of Pocket, who run Pocket Bar, have another five venues under their banner, so you can trust in the tenant with their proven experience.
Property Features:
- Stunning internal structures with exposed timber beams
- High ceilings with eclectic fitout
- Reputable operator, committed on long lease
- Gross income $161,742 + GST annually
- Commenced 28th March, 2014
- Secure lease with options until 2024
For further information or to arrange a time to inspect, please don't hesitate to contact the agents;
Tom: 0412 891 330
Harry: 0425 232 688

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Sale Price: Contact Agent    Building: 147m²    Land: 147m²    Occupancy: Tenanted

PRIME DARLINGHURST INVESTMENT

Investment | Offices | Medical | Retail

Gunning RE is excited to present to the market for sale, this immaculately presented, 100% leased investment opportunity in the heart of Darlinghurst. This premium space boasts a sensational dark timber flooring and great natural light through large bay windows extending the entire length of the property fronting onto Victoria Street, Darlinghurst.
Uniquely shaped in a large triangular configuration makes this property extremely functional for a variety of uses, (STCA). Potential to be converted into to residential units in the future.
This property is conveniently located on Darlinghurst's busiest retail and restaurant strip, close to main arterial routes to the CBD, Eastern Suburbs and the Eastern Distributor.
Leased to Lily Jackson Hair and Make-Up as follows;
Net Rental: $123,000 annually
Outgoings: 100% paid for by tenant
Term: 3 years with options until 2024
Increases: 3% annually
Bank Guarantee: 3 months gross rental
Commencement: 1 December, 2015
Two secure car spaces attached with the property.
You can also view the properties own webpage at the following address;
http://commercialpropertydarlinghurst.com.au
For further information, please don't hesitate to contact Tom Speakman, 0412 891 330

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Sale Price: Contact Agent    Building: 143m²    Occupancy: Tenanted

Suburb Summary -

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

* 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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