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Freehold Shop & Residence

Address

666 Bourke Street, REDFERN NSW 2016

Size

Total Area: 94 m2

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

Retail

Contact

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