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85 Auburn Road
Auburn, NSW 2144
$2,500,000
Overview
NOT TO BE MISSED OPPORTUNITY - LARGE RETAIL SHOP FOR SALE
This commercial property presents a rare and valuable opportunity to acquire a large retail shop located at 85 Auburn Road, Auburn, NSW 2144. The property boasts an internal floor area of approximately 150 square meters, providing ample space for retail operations or other commercial uses.
Set on a land parcel of 349 square meters, this site offers significant potential for high-rise development, subject to council approval (STCA). This makes it an attractive prospect for investors and developers looking to capitalize on the growing demand in the Auburn area.
The property is currently leased to a reliable tenant, generating an annual rental income of $102,000 with Consumer Price Index (CPI) increases, ensuring a steady and secure cash flow for the owner. This lease arrangement adds to the investment appeal, providing immediate returns while allowing for future development possibilities.
Located in a vibrant commercial precinct, the property benefits from excellent exposure and accessibility, making it a prime location for retail or commercial enterprises. The surrounding area is well-serviced by public transport and amenities, enhancing the attractiveness for both tenants and customers.
Investors seeking a stable income stream combined with the potential for capital growth will find this property an exceptional opportunity. The combination of a solid tenant, substantial floor space, and development potential positions this asset as a standout in the Auburn commercial market.
Prospective buyers are encouraged to conduct their own due diligence and inquiries to fully appreciate the value and possibilities this property offers. This listing represents a strategic acquisition for those looking to expand their commercial portfolio or enter the Auburn market with a property that offers both immediate income and long-term growth potential.
Additional details include the property's addition to the market on 10 December 2020, with the unique property ID #L5096997 for reference.
Location
Auburn NSW 2144
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 150 sqm |
Market Insights for Auburn NSW 2144
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