79-83 Queen Street St Marys NSW 2760
- 279 m²
- Sold, $1,250,000
Deceased Estate - 3 Retail Shops In One Line
Located only 325 metres from St Mary's railway station and bus interchange, 3 freestanding retail shops in one line on a site area of 777m2. Positioned in the bustling retail shopping strip with high exposure and pedestrian activity.
Fully leased investment with established tenants and stable multiple income streams with 3 individual tenancies and a nett lettable area of 279m2 (approximately). Current gross passing income of $53,781.96 per annum + GST with annual increases.
Development potential (STCA) zoned B4 Mixed Use under Penrith Local Council LEP with a floor space ratio of 2.5:1 and a building height of 24 metres.
All shops enjoy rear lane access with on site car parking neighbouring council car park and surrounded by established retailers.
|Date Sold||12 Feb 2015|
|Floor Area||279 m²|
|Land Area||777 m²|
|Last updated||11 Feb 2015|