Shop 1, 199 Regent Street,
Redfern, NSW 2016
Offices • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Return
Map of Shop 1, 199 Regent Street
CITY FRINGE RETAIL - LONG LEASE TO GOVERNMENT FUNDED TENANT!
- NEW 5 + 5 YEAR LEASE
- GOVERNMENT FUNDED TENANT
- YIELD GUIDE: CIRCA 9% NET
Strategically positioned on a popular city fringe retail strip, this property offers the astute investor the best of both worlds with a long lease in place to a government backed tenant and real potential for both capital growth and income growth.
Property features include:
- 422sqm internal area with retail frontage to Regent Street
- 2 security car spaces
- 5 + 5 year lease to Disability Services Australia Limited commencing August 2012
- Gross income of $118,160 p.a. + GST
- Extremely low outgoings of approximately $51/sqm p.a.
- Sought after retail position on Regent Street with surrounding tenants including multiple eateries as well as an IGA supermarket.
- Opportunity to benefit from growing city fringe precinct.
- Close proximity to Redfern railway station & the Australian Technology Park
- Potential for further subdivision*
- Potential for substantial rental growth as current rent is at a rate of $280/sqm p.a.
EXPECTED BIDDING FROM $1,000,000!!!
EXPECTED YIELD CIRCA 9% Net!!!
AUCTION
10.30am Tuesday 27 November 2012
Mezzanine, 50 Margaret Street, Sydney
*Subject to council & body corporate approval
Property features include:
- 422sqm internal area with retail frontage to Regent Street
- 2 security car spaces
- 5 + 5 year lease to Disability Services Australia Limited commencing August 2012
- Gross income of $118,160 p.a. + GST
- Extremely low outgoings of approximately $51/sqm p.a.
- Sought after retail position on Regent Street with surrounding tenants including multiple eateries as well as an IGA supermarket.
- Opportunity to benefit from growing city fringe precinct.
- Close proximity to Redfern railway station & the Australian Technology Park
- Potential for further subdivision*
- Potential for substantial rental growth as current rent is at a rate of $280/sqm p.a.
EXPECTED BIDDING FROM $1,000,000!!!
EXPECTED YIELD CIRCA 9% Net!!!
AUCTION
10.30am Tuesday 27 November 2012
Mezzanine, 50 Margaret Street, Sydney
*Subject to council & body corporate approval
Property ID: 500496747Last Updated: 13 Dec 2013
02 9925 12...
Shop 1, 199 Regent Street
Redfern, NSW 2016
Raine & Horne Commercial - North SydneyLevel 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
19-25 Cope Street,Redfern, NSW 2016 1064 m²Offices • Medical & Consulting • Showrooms & Large Format Retail
Contact Agent
78-80 George Street,Redfern, NSW 2016 1265 m²Offices • Warehouse, Factory & Industrial • Development Sites & Land
