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62-80 Rowe Street Eastwood NSW 2122

  • Shop & Retail
  • 1,340 m²
  • For Sale, Expressions of Interest

Substantial Retail Offering with Future Value-Add Opportunity

    Ray White Commercial Western Sydney is pleased to present Shop 204 of 62-80 Rowe Street, Eastwood for sale via Expressions of Interest.

    Currently tenanted by the renowned global retailer of ALDI, this property is located within Eastside Gardens Shopping Centre' and is the largest floor space on offer within the shopping complex that comprises of over 40 specialty retail stores.

    Benefited by the inbound council commuter carpark across the street to compensate the evergrowing population in Eastwood, this unique offering presents both an opportunity to elevate your business presence with massive signage rights along Rowe Street as well the chance to secure one of the largest retail holdings as a defined investment with upside through repositioning.

    Additional highlights of the property are outlined below:

    *12 year lease to Aldi, expiring 11 December 2024
    *Net rent of $469,262 plus GST (tenant pays outgoings)
    *Future value-add through repositioning the asset
    *Perfect for investors or future owner occupiers
    *Annual rental increases being the greater of 2% or CPI
    *Impressive 1,340 sqm of lettable area plus additional exclusive use areas
    *Communal loading dock and scissor lift with priority exclusive access
    *Exclusive use of multiple storage areas and signage rights
    *Ample free onsite customer car parking (Time limits apply)
    *High profile location in the heart of Eastwood Town Centre
    *Less than 200* metres to Eastwood railway station

    The substantial floor area is excellent for astute Investors to reposition the asset by potentially splitting the area into smaller tenancies to maximise rental income upon lease expiry.

    The property is offered for sale via Expressions of Interest closing on Wednesday 29th September 2021 at 3pm.

    For more information, please contact the exclusive selling agents.

    *Approx.

    Joseph Assaf
    Ray White Commercial Western Sydney
    Joseph Assaf
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney

    Property Highlights

    Property ID2017223694
    Floor Area1,340 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  31 Aug 2021
    Map for 62-80 Rowe Street Eastwood NSW 2122
    Map for 62-80 Rowe Street Eastwood NSW 212262-80 Rowe Street Eastwood NSW 2122
    Joseph Assaf
    Ray White Commercial Western Sydney
    Joseph Assaf
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney

    Property Highlights

    Property ID2017223694
    Floor Area1,340 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  31 Aug 2021
    Ray White Commercial Western Sydney
    Level 1, 15-17 Argyle Street, Parramatta NSW 2150
    Joseph Assaf
    Ray White Commercial Western Sydney
    Joseph Assaf
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Peter Vines
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Victor Sheu
    Ray White Commercial Western Sydney
    Joseph Assaf

    Joseph Assaf

    Ray White Commercial Western Sydney

    Peter Vines

    Peter Vines

    Ray White Commercial Western Sydney

    Victor Sheu

    Victor Sheu

    Ray White Commercial Western Sydney

    0401 *** ***
    0401 397 696

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