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Sold on 2 Feb 2018

6/75 Rickard Road Bankstown NSW 2200

  • Offices
  • 148 m²
  • Sold, $510,000

Four Affordable Commercial Investments

Secure leases to stable tenants
Variety of price points from $475,000
Ideal starter investments
Historically low commercial vacancy rates
Modern building with valuable depreciation allowances
High profile corner position on major arterial road
Strong location opposite City of Canterbury-Bankstown City town hall
Established professional, medical and white collar precinct
Excellent transport links-close to rail, bus, Hume Highway and M5
Thriving and vibrant restaurant and nightlife centre
Canterbury-Bankstown, over 346,000 residents, the largest LGA in Sydney
Significant local population growth with major increase in medium density living
Outstanding shopping and leisure facilities nearby including massive Bankstown Central mall with Myer, Kmart, Woolworths, Big W and many others

To be sold individually

Suite 6 – People Plus
People Plus is a national employment support and training services company
3 year lease to 17/04/18
Annual 4% rent increases
Strata Area: 148 sqm (85 sqm office, 32 sqm balcony, 24 sqm 2 x parking spaces)
Outgoings: Paid by tenant
Net Income: $30,000
Asking Price: $550,000

Property Highlights

Property ID2014010108
Date Sold2 Feb 2018
Sold Price$510,000
Floor Area148 m²
Land AreaAsk Agent
ParkingAsk Agent
Last updated  2 Feb 2018
Map for 6/75 Rickard Road Bankstown NSW 2200
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

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