Trophy Investment - Set & Forget
This is your opportunity to secure a large landholding of 1101 sqm zoned B1 with 3 street frontages & a strong national tenant - Restaurant Brands Australia.
Key Highlights:
+ Freestanding well-presented fast food restaurant with Drive Through
+ Secure long lease to December 2024 with a 5 x 5 year option
+ Landlord favourable lease
+ Recent refurbishment to building
+ High profile 1,101sqm corner position with 7 car spaces on-site
+ Guaranteed strong rental growth - Fixed 3% annual rent increases
+ From 14th Dec 2022 Income will be: $228,571.80 pa + GST (approx.)
+ Prominently positioned on corner block with 3 street frontages
+ Within close proximity to Sydney Olympic Park
+ Nearby Concord Hospital and Concord West Train Station
+ Positioned within moments to the M4 Motorway + proposed Metro Station
+ Prestigious Primary & High schools in the local area
+ Zoned B1 Neighbourhood Centre
+ On termination of lease there is a huge upside for re-development potential (STCA)
For Sale via Auction
Tuesday 11th October 2022 at 10.30 am
Auctionworks - Mezzanine Level, 50 Margaret St, Sydney
For a copy of the Contract for Sale, the Information Memorandum, or to arrange an inspection please contact Adam Scappatura on 0413 355 481.
Disclaimer: All descriptions, dimensions, references to conditions and necessary permission for use and occupation are results of departmental enquiries. Assumptions relating to current rents (if any) and rent reviews, estimated sale prices, conversion costs and other details are given in good faith and are believed to be correct, but any prospective purchasers should not rely upon them as statements of representations of fact, but must satisfy themselves by inspection, enquiries or otherwise as to the correctness and comprehensiveness of each of them.
Key Highlights:
+ Freestanding well-presented fast food restaurant with Drive Through
+ Secure long lease to December 2024 with a 5 x 5 year option
+ Landlord favourable lease
+ Recent refurbishment to building
+ High profile 1,101sqm corner position with 7 car spaces on-site
+ Guaranteed strong rental growth - Fixed 3% annual rent increases
+ From 14th Dec 2022 Income will be: $228,571.80 pa + GST (approx.)
+ Prominently positioned on corner block with 3 street frontages
+ Within close proximity to Sydney Olympic Park
+ Nearby Concord Hospital and Concord West Train Station
+ Positioned within moments to the M4 Motorway + proposed Metro Station
+ Prestigious Primary & High schools in the local area
+ Zoned B1 Neighbourhood Centre
+ On termination of lease there is a huge upside for re-development potential (STCA)
For Sale via Auction
Tuesday 11th October 2022 at 10.30 am
Auctionworks - Mezzanine Level, 50 Margaret St, Sydney
For a copy of the Contract for Sale, the Information Memorandum, or to arrange an inspection please contact Adam Scappatura on 0413 355 481.
Disclaimer: All descriptions, dimensions, references to conditions and necessary permission for use and occupation are results of departmental enquiries. Assumptions relating to current rents (if any) and rent reviews, estimated sale prices, conversion costs and other details are given in good faith and are believed to be correct, but any prospective purchasers should not rely upon them as statements of representations of fact, but must satisfy themselves by inspection, enquiries or otherwise as to the correctness and comprehensiveness of each of them.
Make an Enquiry
SOLD
Undisclosed
Land size: 1101 m2 (approx.)
Auction
Auctionworks, Mezzanine Level, 50 Margaret Street, Sydney
