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202 Oxford Street
Paddington NSW 2021
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Sold on 4 Dec 2020

202 Oxford Street Paddington NSW 2021

  • Shop & Retail
  • 214 m²
  • Sold

FULLY REFURBISHED + HIGH QUALITY 2 LEVEL INVESTMENT + DUAL ACCESS + INNER CITY & HIGH GROWTH LOCATION

  • New 3 + 3 + 3 Year Lease
  • Fully Renovated Property
  • Potential for three income streams

Raine and Horne Commercial are pleased to offer the sale of this prime retail investment located at 202 Oxford St Paddington for sale by Public Auction on Wednesday 9th December @ 2 pm on site.

Situated in the heart of Oxford Street, this two level mixed-use retail/commercial property is situated on a large allotment of 215sqm block (approx). offering a 6m wide frontage to Oxford Street and enjoys two street frontages.

The property has been fully renovated throughout and is in immaculate condition, currently occupied by two established tenants one being a fashion and homewares retailer "Funkis" while the other is "Funkis Courtyard Cafe".

Key selling attributes:

• Land area: 215sqm (app)
• Building area: 214sqm (app)
• Lease term: 4 + 4 Years
• Current net rent - $127,000 plus GST and Outgoings
• The property is leased to two tenants on a landlord favorable lease - "Funkis" A Swedish Fashion and Homewares store as well as "Funkis Kotek Courtyard Café" at the rear
of the block offering it's own entrance via Young Street.
• The café enjoys exclusive use of the courtyard as well as it's own kitchen • On the first floor there is a fully self contained office with street access via Oxford Street that can
be closed off and separated.
• Lock up garage
• Situated at the boutique end of Oxford St and moments to Glenmore Road

Investments such as this property do not come to the market that often, so don't miss your chance to purchase this immaculate property.

Property Highlights

Date Sold4 Dec 2020
Floor Area214 m²
Land Area215 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2016590312
Category
Last updated  7 Feb 2022
Map for 202 Oxford Street Paddington NSW 2021

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Property Highlights

Date Sold4 Dec 2020
Floor Area214 m²
Land Area215 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2016590312
Category
Last updated  7 Feb 2022

Listed by

Michael Buium
Laing+Simmons Commercial South East
Call
0408 385 385

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