10 Pitt Street,
Mortdale, NSW 2223
Shops & Retail • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 10 Pitt Street
Affordable Retail Investment. Tenant: TAB Limited.
Freehold investment leased to TAB Limited.
Tenant has occupied subject premises for circa 36 years.
Wide retail frontage in the heart of Mortdale's bustling retail precinct.
Adjacent to Mortdale railway station, bus stop and Mortdale Hotel.
Convenient on-street parking directly in front.
Flexible B2 Local Centre zoning (suit multiple uses STCA) and 1.5:1 FSR.
Attractive annual 3% increases.
Tenant pays usual outgoings, as per lease.
Solid entry level commercial investment.
Net Income: $74,694 pa + GST.
Tenant has occupied subject premises for circa 36 years.
Wide retail frontage in the heart of Mortdale's bustling retail precinct.
Adjacent to Mortdale railway station, bus stop and Mortdale Hotel.
Convenient on-street parking directly in front.
Flexible B2 Local Centre zoning (suit multiple uses STCA) and 1.5:1 FSR.
Attractive annual 3% increases.
Tenant pays usual outgoings, as per lease.
Solid entry level commercial investment.
Net Income: $74,694 pa + GST.
Mortdale, 2223 demographic data
The median household income for Mortdale is $1,995, 4% lower than Greater Sydney's household income of $2,077. Mortdale has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 50% of property owners in Mortdale have a mortgage.
10,745
Population
$1,995 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
02 9232 62...
10 Pitt Street
Mortdale, NSW 2223
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
