27-29 George St, North Strathfield

Belroy Property are pleased to present Lots 5, 9 of  27-29 George Street, North Strathfield to the market.

Offering internal areas ranging from 117sqm - 121sqm, these last remaining shops present attractive opportunities located in the Inner West suburb of North Strathfield.

The suites are well-suited to both owner occupiers and investors. The vacant suites are blank canvas, value-add opportunities ready for a business to occupy & can be utilised for retail, office & other commercial uses. The occupied suites offer an attractive holding income through leases with established tenants.

The assets benefit from the following key attributes:

+ Ample visitor parking in the building plus an abundance of street parking
+ Easily accessible via the nearby Concord West & North Strathfield train stations
+ Within proximity to Homebush Bay Drive, M4 Motorway Concord Road & Parramatta Road, providing access to Sydney and Parramatta CBDs
+ R3 Medium Density Residential zoning

LOT 5

Price

$725,000

Area

117sqm plus 4 car spaces

Leased

Five (5) years

Commencing 18 September 2024

Commencing rent $38,000 plus GST

Annual 3.5% including at option

Six (6) months bank guarantee

Outgoings

Council Rates $928 per annum

Strata $4,025.00 per annum

LOT 9

Price

$750,000 plus GST

Area

121sqm plus 4 car spaces

Vacant – but currently under offer to Lease at $48,000 plus GST per annum.

Outgoings

Council $928 per annum

Strata $4,191 per annum

For more information or for access to the due diligence information, please contact the appointed agent.

*approximate