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Westpac Bank - Trophy Freehold Investment in Heart of St ...

134-136 Railway Parade, KOGARAH NSW, 2217

Sold

Property Sold in 134-136 Railway Parade, KOGARAH NSW, 2217

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11312258
Status:
Sold
Price:
Contact Agent
Last Updated:
19/09/2018
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Property Type

Retail/Offices
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Land Area

417 SQM
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Floor Area

313 SQM
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Parking

N/A

Westpac Bank - Trophy Freehold Investment in Heart of St George

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Westpac Lease to August 2022 + Options to 2028
Long term occupant on recently renewed 5 year lease
Guaranteed rental growth, 3.5% fixed annual increases
Large 313 sqm building plus 9 valuable on-site car spaces (laneway access)
Bustling tightly held retail & medical/health precinct adj. train station
Close proximity to St George Hospital, one of Sydney’s largest
Surrounded by substantial new medium density development
Wide retail frontage with future development potential STCA (FSR: up to 2.99)
Major thoroughfare & just 20 mins by train to Sydney CBD
Bank pays outgoings incl. land tax (SHB), as per lease
Net Income: $160,425 pa + GST

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

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