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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.
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.
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 |
|---|---|---|---|
| 12/15-19 Ethel Street, Eastwood | 211 | 30-08-2024 | Undisclosed |
| 169 North Road, Eastwood | 423 | 19-12-2020 | $2,120,000 |
| 35 Tallwood Avenue, Eastwood | 311 | 28-09-2019 | Undisclosed |
| 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 | |||