Colliers is pleased to exclusively offer for sale, a prime strip retail investment surrounded by significant residential developments within a highly sought-after Merrylands Road location.
196-200 Merrylands Road presents investors with an incredible opportunity to acquire a fully leased investment located along a main thoroughfare of prime retail offerings, benefiting from its proximity to Merrylands train station. The subject property is within 350 meters of two major high-rise developments set to house 1,000 units.
This strip retail investment opportunity offers six fully leased shops with a diversified mix of tenants enjoying long-term tenure within the complex, generating an approximate net income of $469,833.85 + GST.
Key features include:
- Six tenancies
- Fully leased income of $469,833.85 + GST
- 350 meters* to Merrylands station
- Long trading tenure within the complex
- Prime retail location
- 3.5:1 Floor Space Ratio (FSR)
- Strategic E2 Commercial Centre zoning
For more information, please contact the exclusive agents.
*Approximately.