4 Outstanding Metro Sydney Retail Investments

Description

Town centre location near railway station, buses & Parramatta Road.
Part of Woolworths and Big W anchored shopping centre.
Centre includes nearly 50 speciality shops.
5 Outstanding tenants – Australia Post, Sarina Russo (200 branches worldwide), two popular local restaurants & St Vincent De Paul.
Auburn- densely populated centre home to over 37,000 people & growing.
Strong local economic growth forecast to continue.
Adjoining BWS, Nandos, Gloria Jeans, Red Lea, Optus, Vodafone, Subway, Cheesecake Shop, Anytime Fitness plus other global and national brands.
Surrounded by medium density apartment blocks with more being built.
Historically low retail vacancy in central Auburn.
Ample customer parking.
4 great opportunities to invest for future gains, min. 3% rent increases pa.
Incomes from $75,842 to $114,520 pa + GST.

– Sarina Russo:
Lease to 2020 + option to 2025.
Global business in education and recruitment, over 200 branches worldwide.
Market leader with dominant local niche.
Grease trap in place, possible value add opportunity.
Property area 175 sqm.
2 parking spaces.
Net Income: $75,842 pa + GST.

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Contact agents
Rhys Parker Partner
0451 101 042
Michael Gilbert
+61 0430024790
Enquiry Form

Auburn, NSW

9/ 62-72 Queen Street

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