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Colliers International - Sydney
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462 Chapel Road Bankstown, NSW 2200

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For Sale - Auction

462 Chapel Road Bankstown, NSW 2200

Shop & Retail
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Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,101,073
Number of Tenants
4 Tenants
Tenants / Type
Restaurants and Optometrist

HIGH YIELDING INVESTMENTS - CIRCA 7.5% YIELD

  • Four Premium Retail Investments
  • Leases varying from 3 - 5 years
  • Prime Retail location in heart of Bankst
Colliers International is excited to present the Little Saigon Portfolio, Bankstown For Sale by way of Public Auction. The Little Saigon Portfolio presents purchasers with an outstanding opportunity to acquire one or more Premium Retail Investments within Little Saigon Plaza; Bankstown’s newest shopping and food destination.

Located at 462 Chapel Road, Bankstown, the busy Plaza caters to the high demand from both the local community as well as avid foodies across Metropolitan Sydney for boutique shopping and popular late-night eateries. Also home to the Highline Venue, one of Sydney’s largest premiere wedding function centres; the Plaza benefits from being a constant high traffic location, especially during its evening trading hours.

Currently available for purchase are four Premium Retail Investments including Papparich, Little Saigon Pho, Kushi Charcoal Skewer Buffet, as well as Miss Specs Appeal, all of which are considered strong anchor tenants within the Plaza.

The Little Saigon Portfolio offers investors the following compelling highlights:

Kushi Charcoal Skewer Buffet
Lot No: G.32, G.33 &g.34
NLA: 352sqm*
Lease Term: 5 + 5 years
Net Income: $526,992 per annum*
Annual Reviews: 4%
Outgoings: Tenants pay outgoings

PappaRich Malaysian Restaurant
Lot No: G.13 & G.14
NLA: 218sqm*
Lease Term: 5 + 5 years
Net Income: $265,898 per annum*
Annual Reviews: 4%
Outgoings: Tenants pay outgoings

Little Saigon Pho Restaurant
Lot No: G.01 & G.02
NLA: 148sqm*
Lease Term: 5 + 5 years
Net Income: $209,602 per annum*
Annual Reviews: 4%
Outgoings: Tenants pay outgoings

Miss Specs Appeal
Lot No: G.30
NLA: 130sqm*
Lease Term: 3 + 3 years
Net Income: $98,581 per annum*
Annual Reviews: 3%
Outgoings: Tenants pay outgoings

The investments included within the Little Saigon Portfolio are being offered For Sale, individually, by way of Public Auction on Tuesday, 25th June 2019 at 10:30am (AEST) at Colliers International, Level 30, 225 George Street, Sydney, NSW, 2000.

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Property ID: 503155198Last Updated: 23 May 2019

Colliers International - Sydney
462 Chapel Road
Bankstown, NSW 2200
Harry Bui
Clarence Chan
Nick Estephen

Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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Colliers International - Sydney

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Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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Harry Bui

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Harry Bui
Colliers International - Sydney
462 Chapel Road Bankstown, NSW 2200

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

Kind Regards,

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