Shop 1/9-11 Arncliffe Street, Wolli Creek, NSW 2205

Retail

Sold $1,300,000

  • Property ID: 378658
  • Floor Area: 110m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 07/01/2021 110m2 N/A N/A
Investment 5.2% Net Yield

110m²* Shop in Wolli Creek featuring a state of the art restaurant fit-out complete with cool room, gas kitchen, furniture, and computer system.

The shop is currently operated by an experienced restauranteur on strong new lease terms providing long-term income for a commercial investor. The recent leasing campaign generated a total of 34 inquiries and was leased in a short period of only 8 weeks.

Investment information:

- New 5-year lease with 5-year option (potential 10-year tenure)
- NET income of $65,000 pa + GST
- All outgoings paid by the tenant
- 2-year-old building, benefit from depreciation
- All equipment included with property purchase, claim further depreciation on entire fit-out inventory

Other features include:

• 110m²* Building area
• 3 secure car spaces
• Entire fit-out and equipment included in the sale
• Inventory Available on Request
• Short distance to Wolli Creek Station, public transport, the new Woolworths and Dan Murphy’s in Wolli Creek's main shopping area
• Benefit from surrounding high-density residential dwellings for secured business customer base

For further information on this sturdy investment opportunity please contact exclusive CPG sales agents.

Open for inspections:

Contact our agents below to arrange a viewing.

*Approximate

Wolli Creek Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6667 --- ---
Offices $4279 $279 6.51%
Retail --- $984 ---
This is the average advertised price, rent and yield for Wolli Creek, NSW 2205*

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.

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™.
  • 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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