17/40 Merindah Road
Baulkham Hills, NSW 2153

Overview

17/40 Merindah Road, Baulkham Hills

This commercial retail property located at 17/40 Merindah Road, Baulkham Hills, presents a high-yielding investment opportunity with secure long-term leases in place. The property is part of a pair of shops (Shop 17 and Shop 18) available for sale either inline or individually, situated in a thriving neighborhood precinct of Baulkham Hills.

Shop 17 offers a floor area of approximately 165 square meters and includes three dedicated car parking spaces. It is currently tenanted by a Medical Centre under a lease agreement commencing on 8 June 2021 and expiring on 17 June 2031, with options for two further ten-year terms. The lease includes annual rental increases linked to the Consumer Price Index, providing a secure and growing income stream. The net annual income is approximately $84,397 plus GST.

Shop 18, also part of the offering, has a floor area of approximately 113 square meters with two car spaces. It is tenanted by a Medical Centre and Physiotherapy Clinic under the same lease terms as Shop 17, with a net annual income of approximately $63,579 plus GST.

Key highlights of these properties include their secure tenancy by established medical businesses demonstrating strong trading history and long-term commitment to the location. The ground floor premises provide direct street access and secure onsite visitor parking, enhancing convenience for tenants and customers alike.

The location benefits from excellent transport connectivity, with bus services at the doorstep and proximity to Norwest Metro Station. The properties are positioned within a dense and expanding residential catchment area, supported by ongoing development and infrastructure investment, which underpins the long-term growth potential of this investment.

This offering is ideal for investors seeking a stable income from well-leased commercial retail premises in a prime location within Baulkham Hills. The combination of secure long-term leases, strong tenant performance, and excellent location fundamentals makes this an attractive opportunity in the commercial property market.

Disclaimer: The information provided has been gathered from sources considered reliable; however, accuracy cannot be guaranteed. Interested parties should conduct their own inquiries and rely on their own judgment to verify the details. Images are for illustrative purposes and may not represent the final product or finishes.

Location