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Savills - Sydney CBD

Ground Floor, 126-128 Avoca Street Randwick, NSW 2031

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Ground Floor, 126-128 Avoca Street,
Randwick, NSW 2031

Shops & Retail

Price information

Sold

$1,390,000

Key property information

Floor area

Property extent

Tenure type

Sold on

Savills - Sydney CBD
Nick Lower
Ollie Ridley

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
Savills - Sydney CBD
Ground Floor, 126-128 Avoca Street
Randwick, NSW 2031

Map of Ground Floor, 126-128 Avoca Street

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Secure Retail Investment on Randwick's Most Prominent Corner

  • Prominent Corner Location
  • Strong Inernational Tenant - Ray White
  • Leased for $94,000pa* Gross
The Savills NSW Metropolitan Sales Team are pleased to present to the market, The Ground Floor of 126-128 Avoca Street, Randwick.
This prized asset on arguably Randwick's busiest corner represents a fantastic opportunity to secure an Eastern Suburbs investment opportunity.

- High exposure corner retail investment leased to one of Australia’s leading Real Estate Agencies with over 1,000* offices internationally and an annual turner of $27 billion*
- Leased to Ray White with a strong gross income of $94,000pa* with future rental growth potential
- 143sq m* of floor space across three (3) separate titles providing future subdivision potential
- Surrounded by popular, household names such as Fitness First, McDonald’s, Oporto and leading banks ANZ, NAB and Commonwealth Bank
- 18m* corner frontage with exposure to high levels of vehicular and pedestrian traffic daily
- Leased until December 2021

This property is to be sold by on-site public auction on Thursday the 12th of September at 12.30pm.
For further information, please feel free to contact one of the below agents.

*Approx.

Property ID: 503291458Last Updated: 8 Apr 2020

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