47-51 Chapel Street,
St Marys, NSW 2760
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 47-51 Chapel Street
Long Lease Until Dec. 2020 + Options 9.5% net yield
7 year lease commenced Dec. 2013 + 3 x 5 year options extending to Dec. 2035.
Sam's Warehouse, part of the Discount Superstores Group which has over 180 stores and over 3,000 employees.
Excellent presentation with full building upgrade undertaken for Sam's Warehouse in 2013, substantial tax depreciation.
Strong occupation history with current retail use at this premises for circa 20 years.
Substantial 2,126 sqm site with 3 street frontages.
Tenant pays outgoings, as per lease.
High profile position close to Australia Post and major banks.
Direct frontage to major Council car park with over 300 spaces.
Easily managed single tenant investment.
Net Income: $286,101 pa + GST.
Indicative Asking Price $3,000,000
Yield 9.5%
Offers closing 3pm Thur 3 July (unless sold prior)
Darren Beehag 0411 226 2...
CO AGENT
LJ Hooker Commercial Penrith
Dave Reardon 0412 732 432
Sam's Warehouse, part of the Discount Superstores Group which has over 180 stores and over 3,000 employees.
Excellent presentation with full building upgrade undertaken for Sam's Warehouse in 2013, substantial tax depreciation.
Strong occupation history with current retail use at this premises for circa 20 years.
Substantial 2,126 sqm site with 3 street frontages.
Tenant pays outgoings, as per lease.
High profile position close to Australia Post and major banks.
Direct frontage to major Council car park with over 300 spaces.
Easily managed single tenant investment.
Net Income: $286,101 pa + GST.
Indicative Asking Price $3,000,000
Yield 9.5%
Offers closing 3pm Thur 3 July (unless sold prior)
Darren Beehag 0411 226 2...
CO AGENT
LJ Hooker Commercial Penrith
Dave Reardon 0412 732 432
Property ID: 501157743Last Updated: 21 Aug 2014
04112262...
47-51 Chapel Street
St Marys, NSW 2760
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
219 Queen Street,St Marys, NSW 2760 440 m²Shops & Retail • Development Sites & Land • Offices