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Sold on 11 Sep 2018

514-518 Princes Highway Rockdale NSW 2216

  • Offices
  • 537 m²
  • Sold

Rockdale’s Best Landmark Retail Investment

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Fully leased freehold investment with massive future upside!
Anchored by NAB plus two tenants: convenience store & accountant
Renewed 5 year lease to NAB from Sept. 2017 plus options to 2028
Guaranteed rental growth, 3.5% fixed annual increases
Landmark 503 sqm corner site at Rockdale’s busiest intersection
3 street frontages incl rear lane access plus 4 on site car spaces
Substantial 2 storey improvements totalling 537 sqm
Zoned B2 Local Centre with heaps of potential incl. Shop Top Housing (STCA)
Surrounded by newly completed medium-high density development
Prime retail precinct adjacent to train station just 15 mins. from CBD
Net Income: $238,534 pa + GST

Property Highlights

Property ID2014567841
Date Sold11 Sep 2018
Floor Area537 m²
Land Area503 m²
ParkingAsk Agent
Category
Last updated  14 Sep 2018
Map for 514-518 Princes Highway Rockdale NSW 2216
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

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