Prime retail location on the western side of Beamish Street.
Neighbouring occupiers include CBA, Westpac and NAB.
Site 632 sqm approx. - Zoned B2 Local Centre.
The property comprises 2 shops plus first floor offices with a total area of approximately 806 sqm.
Shop 1 (Grd 381 sqm approx. + 70 sqm approx. store) is leased as a Variety Store to 2018 with 2 x 5 year options at a rent of $150,800 p.a. + GST.
Shop 1A (Grd 102 sqm approx. + First 74 sqm approx.) is leased to Arab Bank until Dec 2015 at $105,818 p.a. Arab Bank has advised that it is closing the branch on 20 Feb 2015.
Offices of 157 sqm approx. on the first floor are vacant.
For sale by Auction on Tuesday 17 March 2015 at 55 Margaret Street, Sydney, commencing at 10.00 a.m.