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Sold on 9 Sep 2019

Ground Floor, 126 Avoca Street Randwick NSW 2031

  • Retail
  • 143 m²
  • Sold, $1,390,000

Secure Retail Investment on Randwick's Most Prominent Corner

  • Prominent Corner Location
  • Strong Inernational Tenant - Ray White
  • Leased for $94,000pa* Gross

*** Inspect Tuesday's 10.00am-10.30am ***

The Savills NSW Metropolitan Sales Team are pleased to present to the market, The Ground Floor of 126-128 Avoca Street, Randwick.
This prized asset on arguably Randwick's busiest corner represents a fantastic opportunity to secure an Eastern Suburbs investment opportunity.

- High exposure corner retail investment leased to one of Australias leading Real Estate Agencies with over 1,000* offices internationally and an annual turner of $27 billion*
- Leased to Ray White with a strong gross income of $94,000pa* with future rental growth potential
- 143sq m* of floor space across three (3) separate titles providing future subdivision potential
- Surrounded by popular, household names such as Fitness First, McDonalds, Oporto and leading banks ANZ, NAB and Commonwealth Bank
- 18m* corner frontage with exposure to high levels of vehicular and pedestrian traffic daily
- Leased until December 2021

This property is to be sold by on-site public auction on Thursday the 12th of September at 12.30pm.
For further information, please feel free to contact one of the below agents.

*Approx.

AUCTION

Auction date and time12/09/2019 12:30
Auction locationOn-site Auction

Property Highlights

Property ID2015516031
Date Sold9 Sep 2019
Sold Price$1,390,000
Floor Area143 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Category
Last updated  6 Sep 2019
Map for Ground Floor, 126 Avoca Street Randwick NSW 2031
Savills Sydney
Level 25/1 Farrer Place Sydney NSW 2000

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