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378-386 High Street Penrith, NSW 2750

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378-386 High Street,
Penrith, NSW 2750

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Prized Bank Investment

* Two titles; 378-386 High Street & Lot 14 Tindale Street
* High profile location in the absolute centre of one of Sydney’s highest growth regional centres
* Tenants responsible for 100% of outgoings including management.
* Large CBD land holding of 828m² (approx.) plus additional separate parcel of land 449m² (approx.)
* Wide retail frontage of 24.38 metres (approx.) to High Street (i.e. main property)
* Flexible B4 – mixed use zoning allowing a wide range of retail and commercial uses
* Modern high quality building offering low maintenance characteristics
* Long tenancy established to major tenant, Commonwealth Bank of Australia, expiring 2016 with 2x5 year further option in place.
* Secure income stream with current net income $410,865 per annum as at 19/2/2014
* Two (2) ATMs fronting High Street, being testament to the quality of this high profile pedestrian flow location
* Benefit of rear lane access providing easy access to major Council public car park
*Inspection by appointment only.
*All prices quoted exclude GST

Property ID: 501083699Last Updated: 29 Sep 2021

04172285...
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378-386 High Street
Penrith, NSW 2750
Raine & Horne Commercial - Penrith
1st Floor, Real Estate House, 344 High Street
PENRITH, NSW 2750
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