Affordable Inner-West Investment – Circa 6.25% Yield

4/655 King Street , St Peters NSW

Property Highlights

Recent 5 year Lease to 2027
Attractive 4% Rent Increases
Tenant Pays all Outgoings
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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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
68 SQM
Building Area
68 SQM

Price

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