Fully Leased to Commonwealth Bank and St Vincent de Paul
14 East Market Street , Richmond NSW
Property Highlights
3 year lease to CBA
Future development upside (STCA)
Valuable on-site car parking
Description
Just renewed 3 year lease to CBA from March 2021 to 2024 + options
Fixed 2.5% increases on CBA lease
Extended 10 year lease to St Vincent de Paul to 2023
Busy retail & business banking branch
Richmond, 1 hour from Sydney and 20 minutes from Penrith
Over half of Sydney’s population will live west of Parramatta by 2036
Strategic 754 sqm freehold CBD corner, future development upside (STCA)
Valuable on-site car parking
Net Income: $135,155 pa + GST
For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Building Area
200 SQM