Colliers International is excited to present Shop 22 / 445-449 Victoria Avenue Chatswood for sale by way of Public Auction on Thursday 26 July 2018 at 10:30am AEST.
In a market where supply for premium strata properties to purchase has become extremely limited, this property provides an excellent opportunity to acquire a unique space primed for future development potential (STCA).
Key benefits:
• 74m² net lettable area
• Tenanted investment - $62,400 per annum (gross) + GST
• 1 secure tandem car space on title
• Brand new 2+2 year lease
• Opposite to Westfield Shopping Centre
• 50m to Chatswood Railway Station and Bus Interchange
• Flexible space that suits various uses and businesses
• Chatswood’s population to increase by 54.25% between 2016 and 2036 (circa 14,000)
• Surrounded by an abundance of retail and lifestyle amenity at Westfield Chatswood, Chatswood Chase Shopping Centre, Chatswood Interchange, Mandarin Centre, as well as countless restaurants, gyms, banks and childcare centres
• No new commercial strata building slated for Chatswood; vacancy rates down to 6.8% as at Q1 2018 (PCA). This figure is expected to compress further as stock continues to be withdrawn from neighbouring precincts for residential development.
For further information, please contact Colliers International exclusive agents:
Steam Leung
0412 236 138
Steam.Leung@colliers.com
Jordan Lee
0435 967 245
Jordan.Lee@colliers.com
Patrick Yi
0425 314 892
Patrick.Yi@colliers.com