SOLD property

499 Princes Highway, ROCKDALE NSW 2216

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For AUCTION

Retail/Shops/Shopping Ctrs/Service Stns
Land size:
855 sq.m
Building size:
574 sq.m
Property ID:
353814

Main content:

OUTSTANDING LONG TERM INVESTMENT OPPORTUNITY – ATTENTION INVESTORS!

Savills are pleased to offer for sale by ‘Public Auction’ this outstanding long term investment opportunity located on a prominent main road position within the main retail precinct of Rockdale in the southern suburbs of Sydney.  
 
Key features are as follows:  
- Consists of 2 (two) tenancies, one of which is a new 10 + 5 + 5 year lease to the Australian Postal Corporation*  
- Net Rental of $169,996 pa approx.  
- Rear lane access with parking for 10 cars approx.  
- Site area: 855sqm approx.  
- Building area: 574sqm approx.  
- Excellent exposure with a 19m approx. frontage and 35,000 approx. passing cars daily (Source: RTA 20/05/09)  
- Bus/Rail Interchange to the rear of the property  
 
*on settlement  
 
FOR SALE BY PUBLIC AUCTION  
Tuesday 7 July 2009, 10:30am  

Summary

Building Area
574 m²
Land Area
855 m²
Occupancy
leased investment
Parking Spaces
Rear lane access with parking

Auction Details

Auction Time
07/07/2009 10:30:00

Lease Information

Rental (p/a)
$169,996 (GST ex)
Outgoings Paid By
tenant

More information


Address is approximate.