Prime Western Sydney – High Profile Location ASX Listed Tenant
Description
10 year lease to 2024.
Options to 2034.
John Cootes Furniture – 11 outlets and growing.
Subsidiary of ASX listed company with parent company guarantee.
2,441 sqm building area with large 4,421 sqm land area.
The Northern Road – over 40,000 vehicles daily.
High profile location adjacent to KFC, 7-Eleven and Dan Murphy’s.
Penrith/Western Sydney – major population growth area.
Tenant pays 100% of outgoings (as per lease).
Annual rent increases.
Net Income: $374,300 pa + GST.
Do you own a similar property?
South Penrith, NSW
9-13 Aspen Street
- Sold Price: Contact Agent
