24 Railway Parade,
Penshurst, NSW 2222

Positioned on the corner of Railway Parade and Pacific Avenue, this two storey freestanding building is prominently positioned opposite The Strand and approx 150 metres to Penshurst Train Station.

High exposure is assured here, as is the future capital growth and the potential for further development STCA. DA Approved Plans (lapsed) for the extension of the second floor to accommodate a 1 bedroom self contained flat are available to be viewed and considered for reapplication by the successful purchaser.

The property has been tastefully renovated with multiple office / consulting rooms, bathrooms and kitchen facilities and has been occupied by a Physio practice since 2006.

Lease terms consist of a 4 year lease, commenced 2/10/12 with a 2 year option.
Rent is $56,456.40 inc GST + CPI review

All current outgoings are paid by the Tenant and include.

Multiple car parking is also accessed via Pacific Street. Further parking provisions are possible STCA.

Land is approximately 7.06m x 36.48m (290 sqm)

Visit: By appointment. After hours available.
Contact: Mark Somboli 8566 4119 or 0418 232 007.
Email mark@montgom.com.au for a prospectus