Shop 1, 459-463 Church St, Parramatta

Belroy Property are excited to offer Shop 1, 459 - 463 Church Street to the market, for Sale by Auction. The shop is leased to Vasco's Chicken, positioned on the corner of Church and Harold Streets, Parramatta - located within 100m* to Fennell Street light rail stop. This is a fantastic opportunity to acquire an affordable investment in the emerging CBD of Parramatta.

Key investment highlights include:

+ Total Strata Area 198sqm*
+ Zoned B4 Mixed Use 
+ 5 x 5 x 5 years lease commenced 1 April 2018
+ Current net passing income per annum $135,240*
+ Rent increases annually by 3%
+ Strong lease security of six (6) months bond and guarantees
+ Premises features outdoor dining area, secure parking and storage

*Approximately

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