Petersham

398-414 Parramatta Road
  • 590㎡
    area_icon
  • Retail
    Retail
  • Medical/Consulting
    Medical/Consulting
  • Offices
    Offices
Price Guide Auction
Property Type Retail, Medical/Consulting, Offices
Size Land 590㎡ approx | Building 590㎡

Petersham

398-414 Parramatta Road
  • 590㎡
    area_icon
  • Retail
    Retail
  • Medical/Consulting
    Medical/Consulting
  • Offices
    Offices
Image Description
Image Description
Image Description
Image Description
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Image Description

Receivers & Managers Appointed. High Yielding Investment. 8 Strata lots to be sold in one line

Rare opportunity to acquire 8 strata shops with parking on the city fringe in a high profile location moments to fashionable Norton St
Current Gross Annual Return is $109,340pa + GST
Fully Let Basis approx. $150,000pa + GST
Shop sizes range from 64-92sqm.
Every lot comes with parking, kitchenette and some with Air conditioning
Potential to add value and sell down in the future
Huge opportunity to increase the rents and maximise return
Ideal investment with 8 separate tenancies which reduces investment risk
Affordable price range

Lot 1 (no. 398)
Lot 2 (no. 400)
Lot 3 (no. 402)
Lot 4 (no. 404)
Lot 5 (no. 406)
Lot 6 (no. 408)
Lot 8 (no. 412)
Lot 9 (no. 414)

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Explore this property in greater detail by requesting the Contract of Sale, Strata and Building report. You’ll also have the opportunity to speak directly with our team about inspections and the next steps. We look forward to hearing from you.

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