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194 - 198 Lakemba Street Lakemba NSW 2195

  • Offices
  • 2,294 m²
  • For Sale, Contact Agent

AAA INVESTMENT LEASED OUT TO GOVERNMENT INCENTIVISED TENANT! SIGNIFICANT LAND HOLDING!

  • Site Area of 2,461sqm*
  • Zoned B2 Local Centre
  • Substantial Land Holding

CBRE & I.B Property, as exclusive selling agents, are delighted to present for sale, 194-198 Lakemba St, Lakemba; a three level commercial building which has recently been refurbished over basement carparking within walking distance to Lakemba Railway Station & Lakemba Shopping Centre.

Commanding a prominent corner location in the heart of Lakemba with an extensive frontage to Lakemba St & Croydon St, this freestanding commercial building which was built in the 1990's consists of two commercial floors and secure basement car parking for 64 cars will be one of the most sought after in 2021.

Location: Located on the Eastern side of Lakemba St. Lakemba is a major inner west growth suburb within Metropolitan Sydney. 260m walking distance to Lakemba Railway Station.
25 kms* west of Sydney CBD and 18 kms* south-east of Parramatta CBD. Close vicinity to all essential amenity.

The property will attract several buyers because of its many key attributes, including:
*Net Lettable Area: 2,294sqm*
*Zoned B2 Local Centre
*4 Star NABERS Energy Rating
*Ideal for owner occupiers, investors & developers
* New Metro line being built between Bankstown - Sydenham

Lease Terms:

First Floor
Lessee: Government Property NSW
Lease Commencement Date: 9th of January 2019
Lease Expiry Date: 8th of September, 2022
Option period: One Year
Passing Rental Per Annum: $426,528*

Level 103
Lessee: Max Solutions Pty Ltd
Lease Commencement Date: 1st of July 2020
Lease Expiry Date: 30th of June, 2022
Option Period: NIL
Passing Rental per Annum: $100,000*

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*approximates

Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Property Highlights

Property ID2017007168
Floor Area2,294 m²
Land Area2,461 m²
Energy4-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 May 2021
Map for 194 - 198 Lakemba Street Lakemba NSW 2195
Map for 194 - 198 Lakemba Street Lakemba NSW 2195194 - 198 Lakemba Street Lakemba NSW 2195
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Property Highlights

Property ID2017007168
Floor Area2,294 m²
Land Area2,461 m²
Energy4-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 May 2021
CBRE Western Sydney
Level 5, 10 - 14 Smith Street Parramatta NSW 2150
Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Ask Robert Dowdy about this property

Robert Dowdy

Robert Dowdy

CBRE Western Sydney

0499 *** ***
0499 007 000

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