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Commonwealth Bank, 4 Morts Road
Mortdale NSW 2223
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Stonebridge Property Group

Commonwealth Bank, 4 Morts Road Mortdale NSW 2223

  • Shop & Retail
  • 417 m²
  • For Sale, Contact the Stonebridge Team

Strategic South Sydney Retail Asset - Occupy, Reposition or Redevelop

  • 3 Year Net Lease to 2026 With No Options
  • Prime 566 sqm* Landholding
  • Valuable E1 Local Centre Zoning

Stonebridge is pleased to present Commonwealth Bank Mortdale (Sydney) for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEST).

The asset has the following key investment features:

- 3 year net lease to 2026 with no options & CPI annual rent increases

- Modern retail asset with rare opportunity to occupy, reposition or redevelop

- Commonwealth Bank $197B ASX-listed banking giant, with 1,110+ branches and servicing 25% of all home loans nationally

- Prime 566 sqm* landholding with favourable E1 Local Centre Zoning allowing 1.5:1 FSR and 15m height limit, plus dual access via rear laneway

- Strategic location neighbouring strong-performing IGA supermarket and positioned 160m* to Mortdale train station (1,600+ commuters daily)

- 15m+ street frontage to thriving commercial strip hosting national retailers including BWS, Subway, Chemist Warehouse and Australian Post

- Convenient retail position 1,500m* to key arterial Kings Georges Road (43,000+ vehicles daily)

- Mortdale Rapidly expanding south-Sydney locale hosting $87m development pipeline, with catchment set to boom 20% by 37,000 to 2041

- Proposed Mortdale Master Plan will provide additional 578+ dwellings with 23,896 sqm* of commercial space, plus significant increases to maximum building height limits

- Tenant pays usual outgoings including land tax, rates, insurance and general repairs & maintenance

- Net Income $130,977 pa* + GST

*Approximately

Commonwealth Bank Mortdale (Sydney) is for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 921

Property Highlights

Floor Area417 m²
Land Area566 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019133217
Category
Last updated  8 Apr 2024
Map for Commonwealth Bank, 4 Morts Road Mortdale NSW 2223

Nearest transport* to Commonwealth Bank, 4 Morts Road Mortdale NSW 2223

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Property Highlights

Floor Area417 m²
Land Area566 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019133217
Category
Last updated  8 Apr 2024
Level 7, Martin Place Sydney NSW 2000

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