Auction


Burwood 3 Railway Parade

HIGH RETURN INVESTMENT - LONG LEASE TO NATIONAL BRAND

  • Net return $158,564 + GST p.a
  • Leased since 2012 & options to 2032
  • Bidders Guide $2.5M

Auction Location: Online + In-Rooms @ Auctionworks, Mezzanine Level, 50 Margaret St, Sydney.

Clearpoint presents Shops 104 & 110, 3 Railway Parade, Burwood for sale by Public Auction on Tuesday 4th August 2020.

Offering 459sqm of retail and mezzanine space with wide frontage and excellent street exposure plus 3 car spaces, for a total of 510sqm across two titles.

Returning $158,564 + GST net per annum with the tenant also paying 100% of outgoings, for a total income of $175,314 + GST on a 5 year lease to 16 November 2022 with two further options of 5 years each to 2032.

Securely leased to Anytime Fitness since 2012. Brand new tenant refurbishment fit out completed 1 July 2020.

Prime location across from Burwood Plaza and steps from Burwood Railway Station.

### Bidders Guide $2.5M ### Make no mistake, this property will be sold ###

See link for detailed 360' Matterport Virtual Inspection and 3D floorplan.

Call or message for full details including an Information Memorandum and auction registration online or to attend in person.

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Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Auction

10:00AM | Tuesday, 04 August 2020



Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.


KEY INFORMATION

Auction
Property ID: 5374910
Total Area: 510 sqm Approx.
Sale Price: AUCTION

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CONTACT DETAILS

Rhys  Donnellan



Diana  Raice