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1,2,3/12-22 Railway Parade
Granville NSW 2142
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Sold on 21 Nov 2016

1,2,3/12-22 Railway Parade Granville NSW 2142

  • Shop & Retail
  • Sold, $2,500,000

Western Sydney Australia Post & Bank Branch Investment.

CCurrently occupied by Australia Post & Bank of Sydney.
Renewed 5 year lease to Australia Post to 2020 with options until 2030.
Australia Post: boasts 4,406 post offices employing 36,743 people across Australia, this location since construction.
Bank of Sydney: 16 branches in Sydney, Melbourne and Adelaide employing 170 staff.
Granville is a vibrant Sydney suburb 22 km from CBD and just 3 km from Parramatta.
Growing Parramatta City home to strong resident population of 194,448 expected to swell by over 24% to 236,864 by 2036, boasting $17.07 billion GRP.
Strategic location adjacent to Granville transport hub including train station, bus interchange and commuter carpark.
Net leases with the tenants paying most outgoings, as per the leases.
Three titles providing potential future income flexibility.
Net Income: $128,391 pa + GST.

Property Highlights

Date Sold21 Nov 2016
Sold Price$2,500,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012832607
Category
Last updated  19 Dec 2016
Map for 1,2,3/12-22 Railway Parade Granville NSW 2142

Nearest transport* to 1,2,3/12-22 Railway Parade Granville NSW 2142

Bus
Train
Tram
Ferry
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Property Highlights

Date Sold21 Nov 2016
Sold Price$2,500,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012832607
Category
Last updated  19 Dec 2016
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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