Westpac Bank – Trophy Freehold Investment in Heart of St George

134-136 railway parade, kogarah nsw

Price: Contact Agent

  • Westpac Lease to Aug 2022 + Opts
  • 3.5% fixed annual increases
  • Bustling tightly held precinct

Property Details

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

Westpac Lease to August 2022 + Options to 2028
Long term occupant on recently renewed 5 year lease
Guaranteed rental growth, 3.5% fixed annual increases
Large 313 sqm building plus 9 valuable on-site car spaces (laneway access)
Bustling tightly held retail & medical/health precinct adj. train station
Close proximity to St George Hospital, one of Sydney’s largest
Surrounded by substantial new medium density development
Wide retail frontage with future development potential STCA (FSR: up to 2.99)
Major thoroughfare & just 20 mins by train to Sydney CBD
Bank pays outgoings incl. land tax (SHB), as per lease
Net Income: $160,425 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 313 sqm
Land Size 417 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003348

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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