Added 5 days ago
216 Beamish Street,
Campsie, NSW 2194
Shops & Retail
Added 5 days ago
Price information
Sale - Auction Mon 14 Oct
AUCTION
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RWC - SC
Level 7 / 44 Martin PlaceSYDNEY, NSW 2000
216 Beamish Street
Campsie, NSW 2194
Map of 216 Beamish Street
Train stations within 5 km of 216 Beamish Street, Campsie, NSW 2194 Distance Campsie Station 145 m Canterbury Station 1.4 km Belmore Station 1.5 km Hurlstone Park Station 2.7 km Lakemba Station 2.7 km POWERED BY HERE ©Tram stops within 5 km of 216 Beamish Street, Campsie, NSW 2194 Distance Dulwich Grove 3.4 km Arlington Station 3.4 km Lewisham West Light Rail Station 4.2 km Taverners Hill Light Rail Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of 216 Beamish Street, Campsie, NSW 2194 Distance Anzac Mall, Beamish St 94 m Beamish St Opp Anzac Mall 112 m South Pde Opp Campsie Station 124 m Beamish St at Evaline St 124 m Campsie Station, South Pde 133 m POWERED BY HERE ©
POWERED BY HERE ©
Freehold Investment Opportunity with Development Uplift^
Ray White Commercial (SC) is delighted to present an unmissable freehold investment opportunity, owned by the same family for over 40 years, at 216 Beamish Street, Campsie. Positioned along one of Campsie's most vibrant and tightly held streets, this property offers both immediate rental returns and substantial future development potential. The property will be offered for sale via Auction on Tuesday, 15 October 2024.
This versatile two-storey asset currently comprises an Asian grocery store on the ground floor and a cultural/dance studio upstairs, with a long-term tenant providing secure rental income. The tenant's preference to renew their lease adds to the investment's appeal, while the approaching lease end also offers potential for owner-occupiers to take advantage.
Situated in the heart of Campsie, a vibrant multicultural community, the property benefits from a dynamic local atmosphere, offering an array of dining and shopping experiences.
Additional highlights include:
• Land Size: 323 sqm*
• Internal Area: 604 sqm*
• Current Net Rental Income: $225,782.54 + GST per annum*
• Zoned B2: Local Centre
• Height Limit: 18m
• Strong investment or future owner-occupancy potential
• Significant development upside^
• Dual access (rear access from Amy Street)
• Building refurbishment in 2016 (new electrical, plumbing, A/C, grease trap, etc)
• Owned by the same family for over 40 years
• 150m* to Campsie Train Station
• 100m* to Campsie Shopping Centre
216 Beamish Street, Campsie is offered for sale via Auction on Tuesday, 15 October 2024 at 10:30am (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
* Approximately
^Subject to Council Approval
This versatile two-storey asset currently comprises an Asian grocery store on the ground floor and a cultural/dance studio upstairs, with a long-term tenant providing secure rental income. The tenant's preference to renew their lease adds to the investment's appeal, while the approaching lease end also offers potential for owner-occupiers to take advantage.
Situated in the heart of Campsie, a vibrant multicultural community, the property benefits from a dynamic local atmosphere, offering an array of dining and shopping experiences.
Additional highlights include:
• Land Size: 323 sqm*
• Internal Area: 604 sqm*
• Current Net Rental Income: $225,782.54 + GST per annum*
• Zoned B2: Local Centre
• Height Limit: 18m
• Strong investment or future owner-occupancy potential
• Significant development upside^
• Dual access (rear access from Amy Street)
• Building refurbishment in 2016 (new electrical, plumbing, A/C, grease trap, etc)
• Owned by the same family for over 40 years
• 150m* to Campsie Train Station
• 100m* to Campsie Shopping Centre
216 Beamish Street, Campsie is offered for sale via Auction on Tuesday, 15 October 2024 at 10:30am (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
* Approximately
^Subject to Council Approval
Additional information
External websites
Property ID: 504687884Last Updated: 17 Sep 2024
RWC - SCLevel 7 / 44 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000