Shop 5/29-33 Epsom Road Rosebery NSW 2018
- 83 m²
High Exposure Retail Investment
An exciting opportunity to capitalise on this outstanding retail investment, situated in a high traffic position, on the corner of Epsom Road and Rothschild Avenue. Situated in an established retail precinct the property sits alongside busy cafes, restaurants and take-away shops within one of Sydney’s rapidly growing markets. With the revitalisation of Green Square an estimated 61,000 new residents are set to inhabit the area along with 22,000 new workers.
Shop 5 is leased to an established Convenience store who have been trading from this location since 2012. This entry level retail investment comprises of 48sqm of internal space with an 8m frontage which opens onto a 35sqm undercover terrace area totalling 83sqm.
• Total area: 83sqm comprising of 48sqm internal, and 35sqm undercover terrace/outdoor seating
• Passing net income of $33,753.00 per annum plus GST
• Readymade investment with established tenant on a secure lease until December 2020 plus 2 additional 4 year options
• Annual CPI Increases
• Low outgoings
• 8m frontage with floor to ceiling windows and doors
• Established long term tenant
Additional highlights include high ceilings, polished concrete floors and floor to ceiling glass windows at both the front and rear of the property.
Surrounded by South Sydney’s crowded and ever-growing residential district, this rare retail investment opportunity will appeal to those seeking a readymade investment, only a stroll from Green Square Station and future retail precinct.
|Auction date and time||06/12/2018 10:30|
|Auction location||Ask Agent|
|Date Sold||5 Dec 2018|
|Floor Area||83 m²|
|Land Area||Ask Agent|
|Last updated||23 Jan 2019|