2 Affordable Sydney Retail Investments

2/465 chapel road, bankstown nsw

Price: $1,150,000

  • Strong trading restaurant
  • 4% pa rent increases
  • $1,150,000 (7.2% yield)

Property Details

2 quality restaurant tenants with ample customer parking
Bankstown: strong growth location in south-west Sydney, 20 km from Sydney CBD with a growing population of 32,113 (2016 census)
Thriving position in busy major metropolitan centre of Bankstown CBD
Convenient location close to railway station, buses and Hume Highway & M5
Surrounded by high density apartment blocks with more being built
In the centre of Bankstown’s retail and commercial precinct with Hoyts, 7-Eleven, IGA, Oporto, McDonald’s and NAB nearby
Excellent main road exposure with high traffic flow
Opportunity to invest in future gains with 4% rental increases pa
Valuable depreciation benefits

To be sold separately

Shop 2 – The House of Thai
Secure 5 year lease to The House of Thai + options to 2026
Strong trading tenant, busy at all times, especially evenings & weekends
Attractive 4% pa rental increases
Includes Glacage cafe attached to the restaurant – thriving daytime venue
285 sqm with on-site parking for 4 cars
Net Income: $82,755 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 285 sqm
Land Size 1,969 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003157

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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