454 - 458 Banna Avenue is in a prime main street location. The site is 2,523 square metres with a huge frontage of 53 metres to Banna Avenue, rear lane access and excellent on street car parking is available.

This is a substantial 4 storey development with 50+ on site car spaces, modern shop fronts and sound amenities.
With a gross building area of approximately 7,000 square metres, the property is split into 9 separate tenancy areas with a large basement area. This basement area has further leasing potential subject to Council approval.

This large multiple tenancy property represents a unique opportunity to obtain an investment providing a substantial cash flow.
Many of the tenants are long standing and provide a good tenancy mix.
Anchored by The Grand Motel, this substantial and iconic motel consists of 42 suites, large gym and spa pool, laundries, a beautiful grand entrance foyer, lift and fantastic undercover parking for the guests. The Grand has a secured lease with options until 2039.

454-458 Banna Avenue provides a substantial return for an astute investor, with current gross income over $265,000 p.a. +GST

Tenders close Thursday 4th September at 4.00pm
HWL Ebsworth Lawyers
Level 14 Australia Square
264-278 George Street Sydney NSW 2000