Rare Western Sydney Convenience Retail Freehold Investment

Description

Burgess Rawson is pleased to offer to the market this Western Sydney Convenience Retail Freehold investment located at 101-103 Hector Street, Sefton (Western Sydney) NSW for sale by Private Treaty.

This opportunity has the following key highlights:

+ Anchored by 5 year lease to 2028 plus 1 x 5 year option
+ Strategic 2,285sqm* Western Sydney two-title corner freehold, with significant value add/landbank potential and future development upside
+ Branded as Metro Petroleum, dominant convenience retailer operating over 300 stores across Australia^
+ Greater of CPI or 3% annual rent reviews
+ Exceptional landbank, development and investment opportunity also suitable for operators
+ Favourable R4 High Density Residential zoning permitting a building height of 13m* (STCA)
+ High profile location positioned on major high traffic intersection, benefiting from over 93 metres* of combined frontage to Hector Street & Waldron Road
+ Less than 5km* to Bankstown Airport while 600m* to Sefton Train Station, neighbouring Woolworths & BWS anchored Chester Square Shopping Centre
+ Tenant responsible for all usual outgoings including general repairs & maintenance and above ground structural repairs
+ Neighbouring the $500 million Chester Square Shopping Village redevelopment, which will introduce 515 new apartments, 12,400 sqm of retail space, and enhanced community amenities, driving long-term growth and increased foot traffic.
+ City of Canterbury Bankstown: a key suburb of Western Sydney which has a population of over 2.74m^^. Located 20km* to Sydney CBD and 13km* to Liverpool CBD
+ Passing Net Income: $398,559 pa* + GST

To be Sold by Private Treaty

Please contact the exclusively appointed sales team for more information

*Approx
^metropetroleum.com.au
^^profile.id

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Contact agents
Geoff Sinclair Director
0451 462 759
Yosh Mendis Head of Agency | Partner
0434 413 188
Luke Easton Cadet
0472 546 001
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Sefton, NSW

101 & 103 Hector Street

For Sale

This property is part of Portfolio 175

Price: Contact Agent

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