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728-734 Old Princes Highway Sutherland, NSW 2232

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728-734 Old Princes Highway,
Sutherland, NSW 2232

Offices • Warehouse, Factory & Industrial • Shops & Retail

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Sold

$4,000,000

Key property information

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Map of 728-734 Old Princes Highway

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SOLD BY TRENT GALLAGHER - Prime Fully Leased Investment + Blue Sky Upside

  • $179,587* + GST total net income
  • 40 metre height limit
  • 4:1 FSR
Located in the heart of Sutherland, 728-734 Old Princes Highway is only 135 metres to Sutherland Train Station providing services to the Eastern Suburbs and Illawarra. The property is just walking distance to numerous eateries, banks, schools, supermarkets and Sutherland Library and within close proximity to the newly refurbished Miranda Westfield offering a variety of restaurants, retail stores and cinemas.

The existing property consists of a two level retail commercial building with a triple shop frontage to the Old Princes Highway and a proposed activated café shopfront to the rear of the property fronting Eton Street.

Key features include:

• $179,587* + GST total net income
• Combination of 12 shops and offices fully leased to 9 different tenants
• 4:1 FSR (floor space ratio)
• 40 metre height limit
• 444m² building area
• 338.3m² site area
• Dual street frontage of 22 metres
• Approx. 135 metres to Sutherland Train Station
• Fully leased no vacancy
• Huge development uplift plus value add
• Council car park at the front and rear of the property
• Directly across the road from Sutherland Shire Council chambers
• The best investment we have seen in 2016!

For sale via public auction at 10:30am on Thursday 8th December 2016.

Trent Gallagher
0432 242 0...
Trent.gallagher@colliers.com

Property ID: 502177090Last Updated: 6 May 2017

04322420...
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728-734 Old Princes Highway
Sutherland, NSW 2232
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020

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