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79-83 Queen Street St Marys, NSW 2760

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79-83 Queen Street,
St Marys, NSW 2760

Shops & Retail • Offices • Development Sites & Land

Price information

Sold

$1,250,000

Key property information

Land area

Floor area

Car spaces

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Map of 79-83 Queen Street

Directions

Deceased Estate - 3 Retail Shops In One Line

Located only 325 metres from St Mary's railway station and bus interchange, 3 freestanding retail shops in one line on a site area of 777m2. Positioned in the bustling retail shopping strip with high exposure and pedestrian activity.

Fully leased investment with established tenants and stable multiple income streams with 3 individual tenancies and a nett lettable area of 279m2 (approximately). Current gross passing income of $53,781.96 per annum + GST with annual increases.

Development potential (STCA) zoned B4 Mixed Use under Penrith Local Council LEP with a floor space ratio of 2.5:1 and a building height of 24 metres.

All shops enjoy rear lane access with on site car parking neighbouring council car park and surrounded by established retailers.

Property ID: 501419311Last Updated: 3 Nov 2016

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79-83 Queen Street
St Marys, NSW 2760
Laing+Simmons Commercial - Parramatta
259 Church Street
PARRAMATTA, NSW 2150

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