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1,2,3,4,5,/398-414 Parramatta Road
Petersham NSW 2049
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Sold on 28 Oct 2014

1,2,3,4,5,/398-414 Parramatta Road Petersham NSW 2049

  • Medical / Consulting
  • 590 m²
  • Sold

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)

AUCTION

Auction date and time28/10/2014 10:30
Auction location50 Margaret St, Sydney

Property Highlights

Date Sold28 Oct 2014
Floor AreaAsk Agent
Land Area590 m²
ParkingAsk Agent
Property ID2011464212
Category
Last updated  28 Oct 2014
Map for 1,2,3,4,5,/398-414 Parramatta Road Petersham NSW 2049

Nearest transport* to 1,2,3,4,5,/398-414 Parramatta Road Petersham NSW 2049

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Train
Tram
Ferry
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Property Highlights

Date Sold28 Oct 2014
Floor AreaAsk Agent
Land Area590 m²
ParkingAsk Agent
Property ID2011464212
Category
Last updated  28 Oct 2014

Listed by

Steffan Ippolito
Steffan Ippolito
IB Property
Call
0403 347 111

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