224 Weston Street Panania, NSW 2213

Sold $1,200,000
Bldg123.7m²

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Property Details

Property Description

Solid Retail Investment

Two (2) Brand New 5 x 5 Year Leases
Net Passing Income of $62,869 *pa
Tenants pay all outgoings
Long-Standing Tenancies

Positioned on the doorstep of Panania Railway Station is this freehold retail consisting of 2 shops under one title with two solid long standing leases.
This is an ideal opportunity to secure an affordable and solid investment in a tightly held location.

Key highlights include:
– Two (2) Brand new 5 + 5-year leases
– Net Passing Income of $62,869 *pa
– 100% Recoverable Outgoings
– Long standing tenants
– LGA Canterbury Bankstown

Location:
-Directly outside Panania Station
-1.8km* to Revesby
-2.1km* to Western Sydney University Bankstown Campus
-3km* to M5 South-West Motorway

(*Approx.)

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Amenities

  • Retail

Suburb Profile

Panania
Showcasing a prominent local presence in Panania and a team illustrating rich and accumulative experience, Laing+Simmons offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Panania and surrounding suburbs.
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