Rockdale’s Best Landmark Retail Investment

514-518 princes highway, rockdale nsw

Price: Contact Agent

  • Renewed 5 Year Lease to NAB
  • Options to 2031
  • Landmark 503 sqm corner site

Property Details

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Fully leased freehold investment with massive future upside!
Anchored by NAB plus two tenants: convenience store & accountant
Renewed 5 year lease to NAB from Sept. 2017 plus options to 2028
Guaranteed rental growth, 3.5% fixed annual increases
Landmark 503 sqm corner site at Rockdale’s busiest intersection
3 street frontages incl rear lane access plus 4 on site car spaces
Substantial 2 storey improvements totalling 537 sqm
Zoned B2 Local Centre with heaps of potential incl. Shop Top Housing (STCA)
Surrounded by newly completed medium-high density development
Prime retail precinct adjacent to train station just 15 mins. from CBD
Net Income: $238,534 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 537 sqm
Land Size 503 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003358

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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