Burgess Rawson is pleased to offer to the market this affordable Inner-West Sydney investment at 5/655 King Street, St Peters NSW for sale via our Investment Auction Portfolio 172. This opportunity has the following key investment highlights: + Recent 3 year lease to 2026 plus two further options to 2032 + Favourable rent reviews with fixed 3.5% increases annually, ensuring strong rental growth + High pedestrian traffic position at entry to St Peters train station - servicing 1,400+ commuters during peak hour + Highly exposed 98 sqm* corner retail premises + Domo 39, boutique Japanese café and eatery + Newly constructed mixed-use development completed 2021* + St Peters: Popular Inner-West suburb with LGA supporting 195,000+ population^ + Net Income $70,543 pa* + GST To be sold by Investment Portfolio Auction 10:30am AEDT Tuesday 29 October 2024 Yallamundi Rooms, Sydney Opera House Please contact the exclusively appointed sales team for more information. *Approx ^forecast.id.com.au
Email enquiry to Burgess Rawson - Sydney
Property ID: 504703580