Premiere Retail in Prime Residential Location

Lot 3, 118 Terry Street, Rozelle, New South Wales 2039

Retail For Sale

Auction. Date 1 Mar 2018
Floor Area: 3,376.00 m2.    

Union Place

Description

Colliers International is excited to exclusively present this stunning brand new retail space situated in an idyllic village location offering a diverse range of quality tenants to market.

Key highlights include:

- 9 retail stratum titled shops with a total stratum area of 3,376m2
- Net lettable area of 1,185.50m2
- 20 secure car parking spaces on title
- 8 out of 9 shops leased with net passing income of $714,027 (approx.)
- Fully let net income of $815,000 (approx.)
- WALE of 5.66 years by income
- Strong rental growth with favourable annual reviews
- New build competed in 2016 with great depreciation benefits
- Future potential for strata sub division
- Strong mix of tenants - http://www.unionbalmain.com/

The property is being sold via Public Auction at 10.30am on Thursday 1st March.

For further information about this exciting opportunity please contact the agents at Colliers International to book your inspection.

Henry Burke
+61 418 238 636
Henry.burke@colliers.com

Miron Solomons
+61 411 709 666
Miron.Solomons@colliers.com

James Cowan
+61 425 337 691
James.Cowan@colliers.com

Features

  • Busy residential location
  • Premium retail offerings
  • Diverse income streams
  • Future potential to add value

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