73-77 Ramsay Road Five Dock NSW 2046
- Development / Land
- 546 m²
CORNER FREEHOLD ASSET WITH INCOME
- Net passing of $274,826.25* p.a.
- Heart of Five Dock
- High Exposure Corner Location
CBRE is pleased to present 73-77 Ramsay Road, Five Dock to the market for sale first time offered in 40 years.
The property a two-storey mixed use building asset positioned at the heart of Five Dock retail town centre with exceptional vehicular and foot traffic exposure along Great North Road. The propertys address and title identify a frontage facing Ramsay Road however, the propertys exposure extends around the corner with seven retail spaces fronting the busiest intersection at Five Dock. Known as the Cashmans Corner, the property by itself represents a corner site both for value add as well as potential redevelopment (STCA).
73-77 Ramsay Road, Five Dock benefits from the following attributes;
- Almost fully leased freehold building presenting an opportunity to invest or occupy
- Currently a two-storey mixed-use building let to 14 tenants across 16 tenancies
- Annual net passing income of $274,826.25*
- Prime positioning at the heart of Five Dock retail strip
- Prominent corner site with dual street frontages
The Public Auction will be held at CBRE Western Sydney Office located at Ground Floor, 10-14 Smith Street, Parramatta on Wednesday 5th June, 2019 at 2:00pm.
To discuss the property in further detail, please get in contact with the listed agents.
Victor Sheu - 0412 301 582
Peter Vines - 0499 857 100
Robert Dowdy - 0499 007 000
Note: CBRE recommends you conduct your own investigation prior to purchasing the property. CBRE or its representatives take no responsibility for the accuracy of this information.
|Auction date and time||05/06/2019 14:00|
|Auction location||CBRE Parramatta - 10-14 Smith St, Parra|
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