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39 - 47 Station Street Engadine NSW 2233

  • Development / Land
  • 1,087 m²
  • Commercial Auction

SECURE INVESTMENT WITH UPSIDE^

    Ray White Commercial - Metropolitan Sydney in conjunction with Ray White Rockdale is pleased to present 39-47 Station Street, Engadine for sale by Auction. The Auction will be held on 3 December 2020.

    This secure investment opportunity with significant development upside has been in the same family for over 40 years.

    The asset is home to three (3) long term tenants including national anchor tenant PETstock, an orthodontist and the established Raya Thai restaurant who have been in possession for over 30 years.

    Surrounded by an array of major retailers and only a short walk from the Engadine train station, the incoming investor has an opportunity to acquire a secure investment and capitalise on the site's future development potential (S.T.C.A.)

    Additional highlights of the property are outlined below:
    - Current net income in excess of $270K* per annum (gross income $315K* per annum)
    - Site area of 1,087sqm*
    - Zoned B3 / FSR 2: 1 / Height 20 m
    - 200m* to Engadine Train Station
    - High exposure retail strip
    - Rear lane access

    This investment opportunity is offered for sale via Auction. The Auction will be held on Thursday, 3 December 2020 at 12pm. Auction VENUE: Ray White Head Office, L17/ 135 King Street, Sydney.

    For more information, please contact the below selling agents

    Samuel Hadgelias
    Director
    Ray White Commercial - Metropolitan Sydney
    0403 254 675
    shadgelias@raywhite.com

    Con Economos
    Principal
    Ray White Rockdale
    0418 400 888
    con.economos@raywhite.com

    Auction date and time03/12/2020 12:00
    Auction locationL17/135 King Street, Sydney

    Property Highlights

    Property ID2016594959
    Floor AreaAsk Agent
    Land Area1,087 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  13 Nov 2020
    Map for 39 - 47 Station Street Engadine NSW 2233
    Map for 39 - 47 Station Street Engadine NSW 223339 - 47 Station Street Engadine NSW 2233
    Ray White Commercial NSW - Metropolitan Sydney
    Level 17/135 King St Sydney NSW 2000

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