Affordable Inner-West Investment – Circa 6.25% Yield
4/655 King Street , St Peters NSW
Property Highlights
Description
Burgess Rawson is pleased to offer a modern and affordable fully leased investment within Sydney’s booming Inner West for sale via Private Treaty.
The property has the following investment highlights:
+ High pedestrian exposure position at entry to St Peters train station; 1.2m commuters annually
+ Newly constructed mixed-use development completed 2021*
+ Highly exposed 68sqm* corner retail premise
+ WeRide: all inclusive subscription scooter hire company, est. 2016
+ St Peters: popular suburb of the Inner-West, 200,000+ population.
+ Recent 5 year lease to 2027
+ Net lease with tenant responsible for outgoings, as per lease.
+ Attractive 4% pa rent increases
+ Net Income: $54,080pa* + GST
For Sale by Private Treaty
Price on Request
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
Property Details