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134-136 Railway Parade
Kogarah NSW 2217
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Sold on 11 Sep 2018

134-136 Railway Parade Kogarah NSW 2217

  • Shop & Retail
  • 417 m²
  • Sold

Westpac Bank - Trophy Freehold Investment in Heart of St George

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Westpac Lease to August 2022 + Options to 2028
Long term occupant on recently renewed 5 year lease
Guaranteed rental growth, 3.5% fixed annual increases
Large 313 sqm building plus 9 valuable on-site car spaces (laneway access)
Bustling tightly held retail & medical/health precinct adj. train station
Close proximity to St George Hospital, one of Sydney’s largest
Surrounded by substantial new medium density development
Wide retail frontage with future development potential STCA (FSR: up to 2.99)
Major thoroughfare & just 20 mins by train to Sydney CBD
Bank pays outgoings incl. land tax (SHB), as per lease
Net Income: $160,425 pa + GST

Property Highlights

Date Sold11 Sep 2018
Floor AreaAsk Agent
Land Area417 m²
ParkingAsk Agent
Property ID2014568785
Category
Last updated  17 Sep 2018
Map for 134-136 Railway Parade Kogarah NSW 2217

Nearest transport* to 134-136 Railway Parade Kogarah NSW 2217

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Property Highlights

Date Sold11 Sep 2018
Floor AreaAsk Agent
Land Area417 m²
ParkingAsk Agent
Property ID2014568785
Category
Last updated  17 Sep 2018

Listed by

Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851

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