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164-166 Redfern Street Redfern, NSW 2016

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164-166 Redfern Street Redfern, NSW 2016

Offices • Shop & Retail • Medical & Consulting
Sold Price

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Floor area

235.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

21 Feb 2018

CBA - Rare Inner City Freehold Gem Densely Populated High Growth Hotspot

10 year Commonwealth Bank lease to December 2020 + options to 2030

Australia’s largest company by capitalisation with $9.9bn profit in 2017

Prime corner double fronted two storey freehold building

CBA relocated from a longstanding position across the road to subject premises in 2010 having undertaken a major refurbishment

Tightly held retail & commercial precinct boasting high occupancy

Gentrifying inner city highly populated location just 3 km from CBD

Adjacent to Post Office & short walk to Redfern Train Station

3 ATM’s is testament to the high foot traffic & patronage of this branch

Net lease with CBA paying all outgoings, as per lease

Guaranteed fixed 4% annual rent increases assuring future growth

Easily managed single tenant investment for interstate & overseas investors

Net Income: $161,960 pa + GST

Property ID: 502686690Last Updated: 10 Sep 2018

164-166 Redfern Street
Redfern, NSW 2016

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Darren Beehag
Burgess Rawson - Sydney
164-166 Redfern Street Redfern, NSW 2016

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

Kind Regards,

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