PRD Commercial Western Sydney have been appointed exclusive marketing agents to offer for sale by Auction, Shop3 & Apartment 6 / 208 Great Western Highway, Kingswood.
A fully leased investment opportunity which is underpinned by a ground floor retail shop & an independently accessed first floor, 3 bedroom apartment. Designed in a 'shop top' style the apartment can be accessed from either the shop or via the lift from the first floor. Currently the property is leased to 2 seperate tenants with the access between restricted to each other.
This prime location sits on a six lane highway with excellent exposure opposite Kingswood Railway Station. To the West sits The Quarter medical precinct which includes the rapidly expanding Nepean Hospital. Currently undergoing a $1 billion investment from Government funding. The surrounding streets are experiencing a huge volume of private investment in medically related industries.
To the East, Western Sydney University & Kingswood TAFE. Both Institutions are in high growth fazes with large scale investment & highly successful teaching programs.
This unique investment has secure leases in place which will offer strong rental return with the added bonus of almost certain captial growth as the area reaches it's long heralded potential.
EXECUTIVE SUMMARY
Legal Address: Lot 6 in Strata Plan 97059 (Folio 6/SP97059)
Total Building Area:
Retail Shop - 101 sqm (approx)
Apartment - 101 sqm internal & 10sqm external balcony Parking - 32sqm
Rental Income: Total $57,200 (excl GST)
- Shop 3 - $36,600 PA Gross (excl GST)
- Apartment 6 - $20,800 (PA) - GST (Not Applicable)
Outgoings: Approx $9,672 (excl GST)
CONTACT DETAILS:
Darren Latty 0414 620 532 darren@prd.net.au
Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
