Shop 5, 285 - 297 Lane Cove Road, Macquarie Park, nsw 2113

Retail | Other

Sold $1,500,000

  • Property ID: 422387
  • Floor Area: 97m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 97m2 N/A N/A
Secure Retail Investment - Huge Exposure To Lane Cove Road

Sutton Anderson are pleased to present Shop 5, 285-297 Lane Cove Road, Macquarie Park for sale via EOI.

The property is located within Eden Park Centre and represents a rare opportunity to acquire an income generating asset. Property features include:

* PT 5: 97 sqm on title
* Huge exposure to Lane Cove Road
* Vast common customer parking at the rear of the complex
* Current Lease in place to December 2024 with an additional 5 year option in place
* Current net income of approximately $84,107.88 per annum*
* Site underdeveloped, be part of a potential redevelopment in the future (STCA)
* Walk to Macquarie Park train station, approximately 260m
* Public car park with approximately 68 car spaces
* Current tenant may consider selling the business
* Neighbours include international leading brands of Ezymart, McDonalds, KFC & Subway

Expressions Of Interest close 25th November 2022 at 4PM.

For further information please contact your exclusive agents.

Macquarie Park Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $675 ---
Offices $8458 $598 7.07%
Industrial $8458 $286 3.38%
This is the average advertised price, rent and yield for Macquarie Park, NSW 2113*
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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  Sutton Anderson

 

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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™.
  • 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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