Colliers are proud to be marketing this asset via Expressions of Interest closing Friday, 22 July 2022 at 2:00pm.
Key investment highlights include:
- Imposing street presence with heritage charm
- Corner allotment with huge land area
- Basement parking for 22 cars
- $410,000 per annum net income with 100% medical concentration (Medical Centre, Dentist, Physio, Optometrist & Pathology)
- Substantial rent reversion opportunity, with the current anchor tenant 7+years in occupation paying a modest $288/m2 p.a. gross
- 5km to Sydney CBD and well accessed via local bus routes, ferries and the future Metro West Station
- Within a key infrastructure location benefitting from direct access to major transport links including Sydney Metro West Hard Rail, Westconnex, Western Harbour Tunnel and Beaches Link and the Bays Precinct Upgrades
Rarely does such an investment come to market, particularly when the underlying improvements and upside represent value that outweighs its current investment value.
For more information please contact James Cowan or Steam Leung from Colliers.
