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5 Sherwood Road
Merrylands NSW 2160
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Sold on 21 Feb 2020

5 Sherwood Road Merrylands NSW 2160

  • Shop & Retail
  • 220 m²
  • Sold, $1,600,000

HIGH EXPOSURE TENANTED RETAIL FREEHOLD

Ray White Commercial NSW is pleased to present 5 Sherwood Road, Merrylands West for sale via Public Auction.

Outstanding high exposure Western Sydney retail investment leased to an established auto parts store. The property presents astute investors the opportunity to secure an investment property with a versatile outlook.

5 Sherwood Road offers the following key attributes:
• Land area of 563sqm*, building area of 220sqm* plus mezzanine storage
• Building improvements comprises retail floor, backroom storage, office, mezzanine storage, kitchenette and two bathrooms
• Parking provisions for nine (9) vehicles
• Main access off Sherwood Road with rear lane pedestrian access
• Tenanted by established A1 Auto Parts, currently operating as an auto parts store
• Returning $88,000 per annum net + GST
• Current lease term until 2022, with 3 + 3 years option
• Adjoining other local amenities including SUPA IGA, KFC and McDonald's generating significant foot and vehicle traffic
• Located 1.5km* from Merrylands Town Centre
• Easily accessible via Merrylands Road, Centenary Road and Sherwood Road

The property will be offered for Auction on Tuesday 3rd March 2020 at 10:30am (AEDT).
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

For more information, please contact the exclusive selling agents.

AUCTION

Auction date and time03/03/2020 10:30
Auction locationMezzanine Level, 50 Margaret Street, Sydney

Property Highlights

Date Sold21 Feb 2020
Sold Price$1,600,000
Floor Area220 m²
Land Area563 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2016047926
Category
Last updated  24 Feb 2020
Map for 5 Sherwood Road Merrylands NSW 2160

Nearest transport* to 5 Sherwood Road Merrylands NSW 2160

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Property Highlights

Date Sold21 Feb 2020
Sold Price$1,600,000
Floor Area220 m²
Land Area563 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2016047926
Category
Last updated  24 Feb 2020

Co-Agents

Victor Sheu
Victor Sheu
RWC Western Sydney
Call
0412 301 582
Joseph Assaf
Joseph Assaf
RWC Western Sydney
Call
0401 397 696

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