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
