CBA – Rare Inner City Freehold Gem Densely Populated High Growth Hotspot

164-166 redfern street, redfern nsw

Price: Contact Agent

Property Details

10 year Commonwealth Bank lease to December 2020 + options to 2030
Australia’s largest company by capitalisation with $9.9bn profit in 2017
Prime corner double fronted two storey freehold building
CBA relocated from a longstanding position across the road to subject premises in 2010 having undertaken a major refurbishment
Tightly held retail & commercial precinct boasting high occupancy
Gentrifying inner city highly populated location just 3 km from CBD
Adjacent to Post Office & short walk to Redfern Train Station
3 ATM’s is testament to the high foot traffic & patronage of this branch
Net lease with CBA paying all outgoings, as per lease
Guaranteed fixed 4% annual rent increases assuring future growth
Easily managed single tenant investment for interstate & overseas investors
Net Income: $161,960 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 235 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003210

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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