3a Glenmore Road, PADDINGTON NSW 2021
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- 15 Dec 2016
Prominent Paddington Retail Investment
Set in one of Australia's most exclusive retail precinct The Intersection, 3a Glenmore Road, Paddington represents a fantastic opportunity to acquire an outstanding retail investment.
With a commanding presence to the street-scape, 3a Glenmore Road, Paddington is a rare double fronted retail building set over three levels. The property has been rebuilt, with no expense spared in the construction and this is evident on inspection.
The property is set in the exclusive Glenmore Road shopping precinct, and surrounded by some of the country's most established fashion retailers.
* SCANLAN & THEODORE
* Ginger & Smart
* Camilla & Marc
* MECCA Cosmetica
The property is leased to SABA at $231,525 per annum net with 5% annual increases. In February 2018 there is a 5 year option.
The property represents an outstanding opportunity to acquire a maintenance free investment set in one of the most tightly held retail precincts in the the country.
For a private inspection contact Ben Vaughan 0419 655 519.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
3a Glenmore Road PADDINGTON