Penrith NSW 2750

The subject property is a ground floor shop located in the popular Broadwalk Arcade and features the following:
- 69sqm (approx) floor area
- Tenant has just exercised their option period for a 5 year lease term
- Generating a net return of $21,225 Exc GST (approx) from August 2022
- 5% net yield approx
- Annual rental increases fixed at CPI
- Independent air conditioning system
- Walk to Westfield and Penrith Railway Station
- Own amenities and kitchenette
- Multi-level Council car park at the rear of the arcade

Please contact the exclusive agent for further information