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Shop 2, 24-30 Springfield Avenue, POTTS POINT NSW 2011

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$840,000 (GST n/a)

Retail/Shops/Shopping Ctrs/Service Stns
Land size:
87 sq.m
Building size:
87 sq.m
Property ID:
405114

Main content:

8% Net Return

Located in the renowned Village Centre in the heart of Potts Point, designed by architect Frank Stanistic this is the first new retail opportunity in Sydney's most densely populated suburb in 3 decades.  
 
- The newest retail centre in Potts Point  
- 17 specialty stores  
- 17 to 96sqm areas  
- Potts Point is undersupplied with specialty retail services  
- The Springfield Avenue level occupied by iconic grocer Harris Farm  
- Controlled security environment  
- Probably the last opportunity to secure a-grade retail shops in Potts Point  
- 25,000 residents within a one kilometer radius  
- High end expenditure; 96% of the population are on above average incomes and spend 46% more on shopping than other suburbs  
- Potential for alfresco eateries with grease trap and exhaust available in most shops  
- Easy access with excellent loading dock facilities  
- Will appeal to the coffee bar mentality of the residents  
- Escalator and lift facilities allow easy movement through the centre  
- 4.5 star energy rating  
- Vast amounts of natural light will lend a marketplace feel  
- Why would you invest in anything but property RIGHT NOW?

Summary

Building Area
87 m²
Land Area
87 m²
Occupancy
leased investment

Sale Information

Sale Price
$840,000 (GST n/a)

Lease Information

Rental (p/a)
$67,200 (GST n/a)
Outgoings Paid By
tenant

More information


Address is approximate.