Shop 204, 62-80 Rowe Street,
Eastwood, NSW 2122
Expressions of Interest
Key property information
Map of Shop 204, 62-80 Rowe Street
Train stations within 5 km of Shop 204, 62-80 Rowe Street, Eastwood, NSW 2122 Distance Eastwood Station 192 m Denistone Station 948 m West Ryde Station 1.8 km Epping Station 2.1 km Meadowbank Station 2.8 kmPOWERED BY HERE © Bus stops within 5 km of Shop 204, 62-80 Rowe Street, Eastwood, NSW 2122 Distance First Av Before Ryedale Rd 95 m First Av After East Pde 122 m First Av After Ryedale Rd 168 m Second Av Opp Ryde Eastwood Leagues Club 171 m First Av Before East Pde 177 mPOWERED BY HERE ©
Substantial Retail Offering with Future Value-Add Opportunity
Currently tenanted by the renowned global retailer of ALDI, this property is located within Eastside Gardens Shopping Centre' and is the largest floor space on offer within the shopping complex that comprises of over 40 specialty retail stores.
Benefited by the inbound council commuter carpark across the street to compensate the evergrowing population in Eastwood, this unique offering presents both an opportunity to elevate your business presence with massive signage rights along Rowe Street as well the chance to secure one of the largest retail holdings as a defined investment with upside through repositioning.
Additional highlights of the property are outlined below:
*12 year lease to Aldi, expiring 11 December 2024
*Net rent of $469,262 plus GST (tenant pays outgoings)
*Future value-add through repositioning the asset
*Perfect for investors or future owner occupiers
*Annual rental increases being the greater of 2% or CPI
*Impressive 1,340 sqm of lettable area plus additional exclusive use areas
*Communal loading dock and scissor lift with priority exclusive access
*Exclusive use of multiple storage areas and signage rights
*Ample free onsite customer car parking (Time limits apply)
*High profile location in the heart of Eastwood Town Centre
*Less than 200* metres to Eastwood railway station
The substantial floor area is excellent for astute Investors to reposition the asset by potentially splitting the area into smaller tenancies to maximise rental income upon lease expiry.
The property is offered for sale via Expressions of Interest closing on Wednesday 29th September 2021 at 3pm.
For more information, please contact the exclusive selling agents.
Property ID: 503900670Last Updated: 29 Nov 2021