Description
Situated above St Leonards Railway station this prime retail strata shop is located in the bustling "Forum" development, one of Sydney´s busiest food and retail plazas. Located in the heart of the St Leonards CBD and a mere 100m from Royal North Shore Hospital, it represents a brilliant opportunity for the astute investor or an ideal addition to a Superannuation Fund portfolio. A true blue chip holding that also comprises 2 car spaces (leased separately) the property is currently under a 10 year lease to a secure, experienced operator. Surrounded by global fast food operators and international brands, this busy open air concourse is heavily patronised by local residents and business clientele alike. A quality offering providing a solid passing rental with strong growth potential. This is a great opportunity to acquire a safe, retail investment in this tightly held, sought after complex. Investor enquiry range 1.1m - 1.4m Auction: 10.30am Thursday 25 February, The Grace Hotel, 77 York St, Sydney (Offers taken prior to auction)
Was for Auction
- Publish Date: 02-02-2010 04:25:43
- Contact name: Scott Chadwick
- 51 times displayed
- Website: www.chadwickfn.com.au
- Location: Australia
- Business: Ian Chadwick First National
- Status: sold
- Price: $900000
