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Sold on 5 Jun 2019

73-77 Ramsay Road Five Dock NSW 2046

  • Development / Land
  • 546 m²
  • Sold

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
*approximate

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

Auction date and time05/06/2019 14:00
Auction locationCBRE Parramatta - 10-14 Smith St, Parra
Victor Sheu
CBRE Western Sydney
Victor Sheu
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Property Highlights

Property ID2015224358
Date Sold5 Jun 2019
Floor Area914 m²
Land Area546 m²
ParkingAsk Agent
Category
Last updated  6 Jun 2019
Map for 73-77 Ramsay Road Five Dock NSW 2046
Map for 73-77 Ramsay Road Five Dock NSW 204673-77 Ramsay Road Five Dock NSW 2046
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Victor Sheu
CBRE Western Sydney
Victor Sheu
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Property Highlights

Property ID2015224358
Date Sold5 Jun 2019
Floor Area914 m²
Land Area546 m²
ParkingAsk Agent
Category
Last updated  6 Jun 2019
CBRE Western Sydney
Level 5, 10 - 14 Smith Street Parramatta NSW 2150
Victor Sheu
CBRE Western Sydney
Victor Sheu
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney
Robert Dowdy
CBRE Western Sydney

Ask Victor Sheu about this property

Victor Sheu

Victor Sheu

CBRE Western Sydney

Robert Dowdy

Robert Dowdy

CBRE Western Sydney

0412 *** ***
0412 301 582

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