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Sold Retail found in WESTERN FRINGE (METROPOLITAN), NSW

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

PRIME CORNER

Investment | Offices | Retail

- New 5 x 5 years lease to First State Super
- Income $137,500 per annum plus GST (current)
- Corner location 200m to Parramatta Rail and Westfield
- Impressive exposure with large glass frontage
- 5 car spaces

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Sale Price: Contact Agent    Building: 274m²

FIRST TIME OFFERED FOR LEASE IN OVER 20 YEARS

Offices | Medical | Retail

Belroy Property are excited to offer 88 George Street, Parramatta for lease, for the first time in over 20 years.
Commanding an excellent profile on the corner of Andrew Nash Lane, in the absolute centre of Parramatta CBD - this property features;
- 1 reception area
- 7 offices
- Large open plan office with extensive glass frontage
- Large courtyard (potential outdoor dining area)
An outstanding opportunity for Medical General Practitioners, Professional / Office users or Food and Beverage operators alike (STCA).
Contact Belroy Property for further details or an inspection.

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Building: 250m²    Land: 369m²

SOLD - FUTURE DEVELOPMENT OPPORTUNITY WITH EXISTING PASSIVE ...

Investment | Development/Land | Retail | Offices

This existing 2 storey dwelling is situated on land parcel of 330 sqm*.
Ideal located moments to Epping station and neighbourhood shopping centre.
Features:
- 2 storey building (shop and residence)
- Rear lane access
- Land size 330 sqm (approx)
- Height limit 48 m
- FSR: 4.5
- Fully leased
Ideal opportunity for a potential mixed commercial/ residential development while receiving passive income.

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Sale Price: Contact Agent    Building: 330m²    Land: 330m²    Occupancy: Tenanted


TENANTED INVESTMENT | NEW 5 YEAR LEASE

Investment | Retail | Offices | Development/Land

Belroy Property is pleased to offer 31A Fennell Street, Parramatta to the market. Property highlights include;
- Brand new 5 year lease
- Net income of $49,305.72 pa*
- Premises suited to a wide range of uses
- Currently operated as a cafe
- Total area 152sqm + 3 car spaces
- Potential future redevelopment, site area of 4,585sqm!
This property is being offered for Sale by Expressions of Interest.

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Sale Price: Contact Agent    Building: 152m²    Land: 1m²

AUCTION 1ST DECEMBER 2016

Investment | Retail

This exceptionally well located retail/commercial property will be sold.
Two long standing tenants occupy this property and are on existing leases expiring in 2019 and 2020.
The proximity of the building to all the recent activity being undertaken within Parramatta makes this opportunity an ideal investment now and into the future.
The current passing gross rental is in excess of $139,000
For an Information Memorandum outlining the tenancy details please contact Glen Peterson 0412 265 066 or gpeterson@ljhc.com.au for a copy.

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Sale Price: Contact Agent    Building: 180m²

SOLD BEFORE AUCTION - SOLD BEFORE AUCTION - SOLD BEFORE AUCT...

Investment | Retail | Industrial

Smithfield Property Investment Sale, Cafe/Lunch-shop
On offer is the freehold sale of this popular Lunch Shop servicing local business and passing trade.
Prime corner position with on and off street parking for customers.
This investment sale offers the buyer a secure return rental and capital growth with a low price point that can service itself from the the start.
This little gem of a Cafe/Lunch-shop offers easy parking, corner position with good exposure and use of outdoor seating area.
Commercial Details:
3 year lease
Lease start: 1/7/16, plus 3 year option
Annual Rent Reviews
Gross rental $26,000
Outgoings $ 6,244
Net Rental $19,756

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Sale Price: Contact Agent    Building: 36m²

SOLD UNDER THE HAMMER BY TERRY COMINO 0411 500 400

Investment | Retail

Prime Retail Investment
Great investment opportunity to secure a fully fitted out retail premises plus upstairs residence on the main street of Pendle Hill and less than 200 metres to the Train Station.
Property Features:
* Freestanding Torrens Title Retail Investment
* Rear lane access and secure parking
* Large cool room
* Beautifully tiled shop front with disabled access ramp
* Glass shop front
* Upstairs 3 bedroom residence
* On street parking plus public carpark at rear
* Strategic location midway between Woolworths Supermarket and Train Station
* Land size 202.3 sq m approximately
* Tenanted by Seafood retailer
* Genuine Vendor overseas, instructs us to sell!
A property not to be missed, call us today to organise an inspection.

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Sale Price: Contact Agent    Building: 230m²    Land: 202.3m²    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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