Sold Back

259 Rowe Street
Eastwood

Auction 13 Oct Onsite 10:00am

Shop in Rowe St, Eastwood

Auction Location: On Site.

This property is currently occupied as a restaurant. The land is 265.6 square metres and is Zoned B4 fronting onto busy Rowe Street with rear lane access from Rowe Lane.
Auction Location: On Site.

This property is currently occupied as a restaurant. The land is 265.6 square metres and is Zoned B4 fronting onto busy Rowe Street with rear lane access from Rowe Lane.

The tenant’s lease expires on 31 December 2019 with no option period remaining. The tenant would like to renegotiate a new lease with the purchaser.

Rent is $54,000 plus gst & they are paying approximately half of statutory outgoings and insurance.

We are auctioning the property to ensure the property’s sale. The Eastwood area is a vibrant, multicultural hub in Sydney. Retail space in this area is in high demand. The variety of shops and businesses makes the property’s leasing and rent potential strong and vacancy minimal.

This could be one of the better buys this year for a lucky purchaser.

Inspection by appointment.
Auction on-site 13 October 2018 at 10:00am
Contract available on request.

Dimensions

  • Internal: 130 m2
  • Total: 265 m2

Recent sales in Eastwood

Address Bed | Bath | Car Sold Date Result
10/15-19 Ethel Street, Eastwood 211 22-02-2019 $631,000
259 Rowe Street, Eastwood 13-10-2018 $2,700,000
Sold prices provided by RP Data

Would you like us to contact you
in relation to this property?