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Freehold Shop & Residence

Address

666 Bourke Street, REDFERN NSW 2016

Details

Located on the cusp of Surry Hills and in what is currently one of the fastest emerging suburbs in Sydney Redfern.

Positioned on bustling Bourke Street, this prime location set amongst boutique and HIP retailers offers an ideal opportunity to secure a great freehold investment with plenty of development potential. Key features of the property include:

– Building Area: 120sqm approx
– Current rental: $49,945.68 pa exclusive of GST (Tenant has agreed to 5% Increase on Option)
– 3 + 3 year lease (Commenced 12th January 2017)
– Valuable B4 Mixed Use Zoning
– FSR: 1.25:1
– Height limit: 9m
– Rear lane access with parking
– Tightly held retail strip location close to Cleveland St and Bourke St primary school with huge potential to add
value and increase the rental return

Auction: 14th November 2019 @ 10:30am
Cooley CBD Auction Room
Dexus Place
Level 5, One Margaret Street, Sydney

Price

Sold

Property Type

Other

Contact

  • Ralph Garofano
  • Commercial Sales & Leasing
  • M. 0413 008 080
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