SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Two Thriving Retail Investments – To Be Sold Separately

531-537 Victoria Road , Ermington NSW

Property Highlights

Long Standing Pharmacy

Popular Japanese Restaurant

To Be Sold Separately

Description

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Lot 4 – Discount Chemist
202 sqm double fronted shop with rear lane access and car space
5 year lease until May 2022 + 5 year option
Fixed 3% annual rent increases
Powerful retailer with 135 stores Australia wide
Long standing tenant with local exclusive customer base
Net Income: $112,681 pa + GST

Lot 3 – Sushi Go
63 sqm dominant corner location with car space + outdoor seating
5 year lease until June 2022 + 5 year option
Fixed 3% annual rent increases
Popular Japanese dine in and takeaway with new and extensive tenant fit-out
Net Income: $60,497 pa + GST

Woolworths anchored vibrant local shopping centre
Long history of 100% retailer occupancy
Convenient customer parking for 100+ cars on-site

Located adjacent to Victoria Road, exposure to 21.7M vehicles pa
Busy metropolitan Sydney location – 52,000 residents within 3 km radius

Property Details

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

Contact Agents

Tom Doran

+610 407 928324

Dean Venturato

0412 840 222

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