11/19 Victoria Avenue,
Castle Hill, NSW 2154
Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial
Price information
Sold
$2,530,000
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
Norwest Commercial & Industrial - Baulkham Hills
5/38 Brookhollow Avenue Norwest Business ParkNORWEST, NSW 2153
11/19 Victoria Avenue
Castle Hill, NSW 2154
Map of 11/19 Victoria Avenue
TENANTED INVESTMENT IN HIGH PROFILE LOCATION
Tenanted investment located on busy Victoria Avenue in the Castle Hill Trading Zone.
The property is located close to the Castle Hill Metro Station and the zoning is currently a "deferred matter." This means that the planning controls are under review as the NSW government considers a new master plan for properties close to the metro station. The property has existing use rights under the "B5" zoning which allows for a variety of uses including specialised retail premises.
The property is currently leased to the Uniting Church in Australia Property Trust who operates Lifeline Shops. The shops operate to raise money and provide support through Lifeline.
We rarely see the opportunity to purchase this type of property on Victoria Avenue. This is a great investment offering a secure income and fantastic growth potential.
Lease details:
Tenant: The Uniting Church In Australia Property Trust (LifeLine)
Rent: $120,000 pa GROSS + GST
Outgoings: Included in rent (estimate = $15,540 + GST)
Lease expiry: 30 September 2023
Bond: $33,000
Auction Details:
AuctionNow - Online
4 August 2021
11AM
To register to bid or to view the auction, please use the following link
https://auctionnow.com.au/properties/72557
Please contact us for further information.
The property is located close to the Castle Hill Metro Station and the zoning is currently a "deferred matter." This means that the planning controls are under review as the NSW government considers a new master plan for properties close to the metro station. The property has existing use rights under the "B5" zoning which allows for a variety of uses including specialised retail premises.
The property is currently leased to the Uniting Church in Australia Property Trust who operates Lifeline Shops. The shops operate to raise money and provide support through Lifeline.
We rarely see the opportunity to purchase this type of property on Victoria Avenue. This is a great investment offering a secure income and fantastic growth potential.
Lease details:
Tenant: The Uniting Church In Australia Property Trust (LifeLine)
Rent: $120,000 pa GROSS + GST
Outgoings: Included in rent (estimate = $15,540 + GST)
Lease expiry: 30 September 2023
Bond: $33,000
Auction Details:
AuctionNow - Online
4 August 2021
11AM
To register to bid or to view the auction, please use the following link
https://auctionnow.com.au/properties/72557
Please contact us for further information.
Property ID: 503467150Last Updated: 15 Sep 2021
Norwest Commercial & Industrial - Baulkham Hills5/38 Brookhollow Avenue Norwest Business Park
NORWEST, NSW 2153
NORWEST, NSW 2153
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