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216-218 Victoria Avenue Chatswood NSW 2067

  • Shop & Retail
  • 462 m²
  • Commercial Auction

JUST SOLD | 216 218 Victoria Avenue, Chatswood

    SOLD for the first time in over 35 years by Shead Property & CI Australia under Auction conditions yesterday.

    The property was extremely well received by the market with over 400 enquiries received and 10 separate buyers in attendance at Auction.

    The sale price reflected a record yield.

    Boasting a coveted Victoria Avenue, Chatswood address, a corner position with a double retail frontage and a recently committed 5 + 5 year lease, 216 218 Victoria Avenue is the ultimate trophy investment.

    Key Features Include:
    Tenanted by King Furniture for almost 20 years.
    Rare Double Fronted Retail Freehold
    Coveted Corner Position
    Brand New 5 + 5 year Lease to King.
    International Retailer with stores in Malaysia, Singapore, Canada & New Zealand.
    Major Recent Capital Upgrades
    Mixed Use Zoning
    350m to Chatswood Chase
    Net Income: $235,000 + GST pa

    For more information on the sale please contact Rick Sombroek from Shead Property 0412 280 181 or Nick Lowry from CI Australia on 0408 891 376.

    Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.

    AUCTION

    Auction date and time29/09/2020 10:30
    Auction locationMezzanine Level
    Map for 216-218 Victoria Avenue Chatswood NSW 2067
    Map for 216-218 Victoria Avenue Chatswood NSW 2067216-218 Victoria Avenue Chatswood NSW 2067
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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