4/258-272 Illawarra Road Marrickville, NSW 2204

Sold $3,020,000

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Property Details

Property Description


Laing + Simmons Commercial Cabramatta are pleased to offer this outstanding opportunity to purchase this large strata commercial shop situated in a high foot traffic area and between well-established businesses; restaurants, cafes, medical center, Asian grocery, etc. This property will also provide a solid return for investors looking for strong rental security and rental growth.
+ Leased to Chemist Warehouse
+ Lease expires: 18th March 2023
+ Option term: 5 + 5 years
+ Total Building area: 615sqm
+ Annual rent increase CPI
+ Plus rear studio with a potential rental return of $20,020 per annum
+ Gross annual income from Chemist Warehouse $168,858.60 inclusive GST
+ 2 allocated car space + rear loading dock
+ Side access to free council car park
+ Rear loading dock
+ This property is unique and would make an excellent investment addition to property portfolio with upside potential
+ Inspection strictly by appointments only
+ For further information please contact Sonny Tran on 0411 217 817

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