Share this property

Cushman & Wakefield - Sydney

291-293 Canterbury Road Revesby, NSW 2212

Directions

291-293 Canterbury Road,
Revesby, NSW 2212

Showrooms & Bulky Goods • Warehouse, Factory & Industrial • Shop & Retail

Price information

Sale - Auction

Contact Agent

Under Contract

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$173,896
Number of Tenants
1 Tenant
Tenants / Type
Reece Plumbing
Cushman & Wakefield - Sydney
291-293 Canterbury Road
Revesby, NSW 2212
Geoff Sinclair
Yosh Mendis

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

Map of 291-293 Canterbury Road

Directions

ASX LISTED TENANTED INVESTMENT – REECE PLUMBING

  • Long Term ASX Listed Tenant
  • Strategic Inner-City Landholding
  • Net Income $173,896 pa + GST
Cushman & Wakefield are pleased to present to the market 291-293 Canterbury Road, Revesby (Sydney) to be sold via Public Auction on Tuesday 3rd of December 2019.

The property has the following key characteristics:

• Underpinned by wholly owned subsidiary of ASX listed Reece Limited (ASX:REH) with market capitalisation of $5.63 Billion, Australia’s largest supplier of plumbing and bathroom supplies with 800 location across Australia.
• Proven global performer with revenues of $5.46 Billion
• High grade 1,266 sqm retail and distribution facility
• Commanding 1,754 sqm main road site
• Strategic inner city landholding
• 18.5 tonne overhead gantry crane
• Strong trading showroom with exposure to 40,000+ cars passing daily
• Significant rental reversion opportunities with a current rental below market value
• Tenant pays 100% of outgoings (incl land tax)
• Net Income $173,896 pa + GST

The property is for sale by way of Cushman & Wakefield December Investment Auction. The Auction will be conducted on Tuesday 3rd December at 2pm AEDT at the Cushman & Wakefield Sydney office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Melbourne and Brisbane.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive Cushman & Wakefield agents.

Property ID: 503379422Last Updated: 22 Jan 2020

Agency contacts

Cushman & Wakefield - Sydney
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
View agency profile
progress tick

Sending email...

Email enquiry

Geoff Sinclair

Send to:

Geoff Sinclair
Cushman & Wakefield - Sydney
291-293 Canterbury Road Revesby, NSW 2212

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call