SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Rare Telstra Leased Investment

48 Belmore Road , Randwick NSW

Property Highlights

Absolute prime main street location
Rare tenant and rare location
A safe "set and forget" investment
Register to Bid

Description

Renewed lease to Telstra Corporation to May 2025+5+5 year options to 2035
Attractive 4% and CPI annual rent increases
Highly visible 94 sqm premises in the vibrant and sought after Randwick shopping strip
Only 70 metres from Royal Randwick Shopping Centre & Woolworths
Council car park is conveniently located at the rear
Outstanding state-of-the-art fit-out by Telstra
One of Sydney’s most tightly held and desirable suburbs with a projected growth of 30,500 people by 2041
Net Income: $85,057 pa* + GST

For Sale by Auction
Tuesday 29 March 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House

Property Details

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

Price

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