Share this property

realcommercial.com.au

304-308 Chapel Road Bankstown, NSW 2200

Directions

304-308 Chapel Road,
Bankstown, NSW 2200

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Sold on

Map of 304-308 Chapel Road

Directions

Tightly Held Asian Retail Location with Value-Creation Opportunity

  • Value-Add & Re-position Opportunity
  • Rare Offering in Asian Retail Precinct
  • Potential Rental Reversion
Colliers International, in conjunction with LJ Hooker, are pleased to offer 304-308 Chapel Road, Bankstown, a rare find large freehold commercial property consisting of ground floor retail and upper office over two levels. Constructed in 2008, the property presents great condition limiting future capital expenditure and attractive depreciation benefits.

This is a rare opportunity to acquire a large freehold retail investment in the heart of Asian retail strip of Bankstown.

Key Investment Highlights Include:

- Prime Asian Retail Destination
- 7 retail shops across 521sqm*
- 23 office suites over two levels across 658sqm*
- Modern concept and limited capital expenditure
- Significant value creation & re-position Opportunity including rental uplift and possible for “strata titled” subdivision (Subject to Council approval)
- Current Gross Income of $468,849 per annum*
- Dual street access via Chapel Road and Dale Parade

304-308 Chapel Road is For Sale by way of Public Auction on Thursday 27th September 2018 at 10:30am, located at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000

For more information, feel free to contact the exclusive selling agents below:

Harry Bui
0418 477 8...

Nick Estephen
0488 748 1...

In conjunction with LJ Hooker Cabramatta
Patrick Yeung
0417 426 635


*approximately

Property ID: 502935810Last Updated: 26 Nov 2018

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
304-308 Chapel Road
Bankstown, NSW 2200
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
LJ Hooker - Cabramatta
7/46 Park Rd
CABRAMATTA, NSW 2166

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.