Retail for Sale

Lot 11/49-51 Belmore Road Randwick, NSW 2031

$4,650,000
  • Building/Land: 357m²

Contact the agent if you'd like further information.

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Retail for Sale in Randwick

Blue Chip Investment Opportunity

  • Building/Land: 357m²

Ray White Commercial Eastern Suburbs is pleased to present for Sale Lot 11, 49-51 Belmore Road Randwick, an ideal superfund investment occupied by Westpac Bank in one of Sydney's busiest eastern suburbs.

Key features of this exceptionally presented opportunity include:

+ Established new lease to Westpac until May 2030
+ Additional 3 + 3 + 3 year options to 2039
+ Net income approx. $256,000 per annum
+ Approx. 345.8 sqm of prime ground floor strata retail area
+ Rear lane access to 4 secure undercover car spaces
+ Tightly held, high traffic retail and commercial precinct

Positioned in the energetic heart of Randwick, only meters to Royal Randwick Shopping Centre, moments to the University of New South Wales, Hospitals, Royal Randwick Racecourse, with easy transport links direct to the CBD.

To organize a private inspection contact Grant Whiteman on 0418 244 566

Building:

357m²

Land:

357m² / 0.09 acres

Zone:

B2 Local Centre

Tenancy:

Tenanted

Categories:

Retail, Offices, Medical/Consulting

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

Lot 11/49-51 Belmore Road, Randwick, NSW 2031
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