Affordable Inner-West Sydney Investment | Neighbouring St Peters Station
Description
Burgess Rawson is pleased to offer to the market this affordable Inner-West Sydney investment at 5/655 King Street, St Peters NSW for sale via our Investment Auction Portfolio 172.
This opportunity has the following key investment highlights:
+ Recent 3 year lease to 2026 plus two further options to 2032
+ Favourable rent reviews with fixed 3.5% increases annually, ensuring strong rental growth
+ High pedestrian traffic position at entry to St Peters train station – servicing 1,400+ commuters during peak hour
+ Highly exposed 98 sqm* corner retail premises
+ Domo 39, boutique Japanese café and eatery
+ Newly constructed mixed-use development completed 2021*
+ St Peters: Popular Inner-West suburb with LGA supporting 195,000+ population^
+ Net Income $70,543 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
^forecast.id.com.au
Enquire
Contact agents
Kieran Bourke Partner
0417 418 007Flynn McFall Sales Executive
0481 187 191Enquiry Form
St Peters, NSW
5/655 King Street
For Sale by Portfolio Auction
This property is part of Portfolio 172
Price: Contact Agent