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Penrith NSW 2750
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Sold on 7 Sep 2021

Penrith NSW 2750

  • Shop & Retail
  • 1,228 m²
  • Sold

1,228sqm (approx) Tenanted Investment with Exposure

    - Two road exposure with High Street address
    - Rarely offered
    - One of five shops in a small complex
    - B4 Mixed Use
    - Currently leased to Fernwood Fitness Centre
    - 1,228sqm (approx.) building including 321 sqm (approx.) of mezzanine
    - Ample onsite parking

    Tenancy Schedule:
    Tenant: Fernwood Investments Pty Ltd
    Lease Start: August 2020
    Lease Term: 10 years
    Lease Option: 3 years + 5 years
    Net Income: $149,000 Per Annum
    Rent Review: Fixed at 3.5%
    Current yield, just under 4%

    Inspection strictly by appointment

    Property Highlights

    Date Sold7 Sep 2021
    Floor Area1,228 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2016595712
    Category
    Last updated  8 Nov 2021
    Map for Penrith NSW 2750

    Property Highlights

    Date Sold7 Sep 2021
    Floor Area1,228 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2016595712
    Category
    Last updated  8 Nov 2021
    16 Lawson Street Penrith NSW 2750

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