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CBRE - Sydney

502 King Georges Road Beverly Hills, NSW 2209

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502 King Georges Road,
Beverly Hills, NSW 2209

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CBRE - Sydney
Jake Hatch

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
04882211...
CBRE - Sydney
502 King Georges Road
Beverly Hills, NSW 2209

Map of 502 King Georges Road

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SECURE RETAIL FREEHOLD INVESTMENT

  • Tenanted to McGrath Real Estate
  • Net Income of $39,610 p.a
  • 2 + 2 + 2 Year Lease
CBRE as the exclusive sales agents are pleased to present to the market 502 King Georges Road, Beverly Hills. Fully leased to McGrath Real Estate the property presents a secure fully leased freehold investment opportunity.

Key Highlights of 502 King Georges Road, Beverly Hills include:

-Returning a passive net income of $39,610 p.a
-Securely leased to national operator McGrath Real Estate
-Leased on a attractive 2+2+2 basis with secure annual reviews
-Recent extensive renovations by tenant, presenting depreciation benefits
-Rear lane access and secure parking for two provided
-Extensive underbuilding storage room
-Fronting King George Road, a major arterial route in Beverly Hills commercial hub
-B2 Local Centre zoned 104sqm* land parcel providing future development upside (STCA)

Beverly Hills is known as a family friendly area quieter than neighbouring hubs providing extensive nearby amenities including restaurants, numerous medical services, local parks and reputable schools in a beautiful suburban setting

502 King Georges Road, Beverly Hills will be sold via Public Auction at auctionWORKS on Tuesday 28 February 2023 at 10:30am (registration, online bidding and livestream available)

Please enquire directly with the exclusive agents to arrange a private viewing.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx

Beverly Hills, 2209 demographic data

The median household income for Beverly Hills is $1,862, 10% lower than Greater Sydney's household income of $2,077. Beverly Hills has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 44% of property owners in Beverly Hills have a mortgage.

10,483
Population
$1,862 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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