147 Macquarie Road,
Springwood, NSW 2777
Shops & Retail
Key property information
Floor area
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Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy StreetPARRAMATTA, NSW 2150
147 Macquarie Road
Springwood, NSW 2777
Map of 147 Macquarie Road
Ultra-Prime Retail in Bustling Blue Mountains Strip
- Prime strip retail property
- Secure holding income
- Recently renewed leases
Colliers are pleased to present this ultra-prime strip retail investment in the heart of the Lower Blue Mountains region of Greater Sydney For Sale by way of Public Auction. The property at 147 Macquarie Road, Springwood is a single level retail building positioned in the heart of a bustling retail precinct.
With a current holding net income of $186,645* per annum, the property offers two (2) retail tenancies which have recently renewed their leases offering investors secure income and investment. Tenants have occupied the site for 41 years and 12 years respectively.
The key investment highlights are as follows:
• Freehold commercial property in one of the Blue Mountains most popular retail locations with high pedestrian traffic
• Recently commenced leases to secure and long-term tenants offering securing income, proven trading history, and diversified income
• Dynamic B2 Local Centre zoning with a 1.5:1 Floor Space Ratio to allow for potential expansion of building and income (STCA)
• Proximity to all key amenities including The Bunker Café & Bar (15m*), SUPA IGA Springwood (50m*), Springwood Station (250m*), Blue Mountains Theatre Hub (184m*)
147 Macquarie Road, Springwood will be offered for sale via Auction on Thursday 25 November 2021 at 10:30am (AEDT) at Cooley CBD Auction Centre, Level 5, Dexus Place, 1 Margaret Street, Sydney.
*Approximately.
With a current holding net income of $186,645* per annum, the property offers two (2) retail tenancies which have recently renewed their leases offering investors secure income and investment. Tenants have occupied the site for 41 years and 12 years respectively.
The key investment highlights are as follows:
• Freehold commercial property in one of the Blue Mountains most popular retail locations with high pedestrian traffic
• Recently commenced leases to secure and long-term tenants offering securing income, proven trading history, and diversified income
• Dynamic B2 Local Centre zoning with a 1.5:1 Floor Space Ratio to allow for potential expansion of building and income (STCA)
• Proximity to all key amenities including The Bunker Café & Bar (15m*), SUPA IGA Springwood (50m*), Springwood Station (250m*), Blue Mountains Theatre Hub (184m*)
147 Macquarie Road, Springwood will be offered for sale via Auction on Thursday 25 November 2021 at 10:30am (AEDT) at Cooley CBD Auction Centre, Level 5, Dexus Place, 1 Margaret Street, Sydney.
*Approximately.
Springwood, 2777 demographic data
The median household income for Springwood is $1,778, 14% lower than Greater Sydney's household income of $2,077. Springwood has an older age profile compared to the rest of Greater Sydney (median age 48 vs 37). Property ownership data shows 46% of property owners in Springwood have a mortgage.
8,423
Population
$1,778 per week
Median household income
48 years
Median age
Owners
Most residents
Families
Most households
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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