Affordable Inner-West Sydney Investment | Neighbouring St Peters Station
Description
Burgess Rawson is pleased to offer to the market Shop 4, 8 May Lane NSW for sale via our Investment Auction Portfolio 175.
This opportunity has the following key investment highlights:
+ Recent 4 year lease to September 2028 plus options to 2034
+ Attractive rent reviews with fixed 4% annual increases, ensuring strong rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, strata rates and land tax as per lease
+ High pedestrian exposure position at entry to St Peters train station servicing 1,400+ commuters during peak hour
+ Ariomi The Space: boutique Salon & Cafe with high quality tenant fitout
+ Highly exposed 66sqm* corner site
+ Newly constructed mixed-use development completed 2021 offering depreciation benefits*
+ St Peters: Popular Inner-West suburb with LGA supporting 188,000+ population1
+ Net Income: $56,243 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
Enquire
Contact agents
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Kieran Bourke Partner
0417 418 007
Flynn McFall Sales Executive
0481 187 191Enquiry Form
St Peters, NSW
4/ 8 May Lane
For Sale by Portfolio Auction
This property is part of Portfolio 175
Price: Contact Agent