5/655 King Street,
St Peters, NSW 2044

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Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

5/655 King Street

St Peters, NSW 2044

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Affordable Inner-West Sydney Investment | Neighbouring St Peters Station

3 year lease to 2026 + Opts to 2032
Attractive 3.5% rent increases
Neighbouring St Peters Station

Burgess Rawson is pleased to offer to the market this affordable Inner-West Sydney investment at 5/655 King Street, St Peters NSW for sale via our Investment Auction Portfolio 172.

This opportunity has the following key investment highlights:

+ Recent 3 year lease to 2026 plus two further options to 2032
+ Favourable rent reviews with fixed 3.5% increases annually, ensuring strong rental growth
+ High pedestrian traffic position at entry to St Peters train station - servicing 1,400+ commuters during peak hour
+ Highly exposed 99 sqm* corner retail premises
+ Domo 39, boutique Japanese café and eatery
+ Newly constructed mixed-use development completed 2021*
+ St Peters: Popular Inner-West suburb with LGA supporting 195,000+ population^
+ Net Income $71,988 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
^forecast.id.com.au

Property ID: 504703580Last Updated: 19 Dec 2024

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Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000