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Chatswood Retail Investment

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Description

Shead Property and Knight Frank are delighted to present for sale this excellent retail property located within the renowned and booming Chatswood CBD. This is a rare opportunity to purchase a brand new investment with the benefit of a long term 10 year lease.

Located just to the north of Westfield and Victoria Avenue, Shops 8 & 9, 2 McIntosh Street are in a prime position to take advantage of Chatswoods future expansion as set out in Chatswood CBD Planning and Urban Design Strategy.

* Ground floor location with wide frontage exposure to McIntosh Street. With high density residential and commercial catchment area
* Long term 10 year lease to Han Mart Korean Supermarket
* Current net annual income of $214,601.52 + GST (approximately) with 4.0%fixed annual increases.
* Retail customer carpark within building.
* A rare ground floor retail opportunity in Chatswood CBD's tightly held retail/commercial market.

Offered for Sale by Public Auction, 10:30am, Tuesday 6th, March 2018, Mezzanine Level, 50 Margaret Street, Sydney

For more information contact Rick Sombroek 0412 280 181 or Bill Geroulis 0413 100 200.

Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.