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18 Parramatta Road Lidcombe, NSW 2141

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18 Parramatta Road,
Lidcombe, NSW 2141

Development Sites & Land • Shops & Retail

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Strong Retail Investment with 12.5 years remaining

CBRE are delighted to offer a blue chip investment property
leased to Shell Company of Australia Ltd with over 12 years
remaining on the lease.

Situated on southern side of Parramatta Road the property
benefits from excellent main road exposure, three street
frontages and a large site.

Property highlights include:

*Leased to Shell Australia until 26 March 2026
*Shell have exercised their remaining two x 5 year options (variation of lease has been registered)
* Net rent: $113,051pa (approx)
*Tenant pays ALL outgoings
*Annual growth of CPI (minimum 3% pa)
*Large site area of 1,924sqm (approx)
*Three street frontages
*Main arterial road exposure, and
*Full remediation clauses in the lease making Shell responsible for environmental compliance and remediation to suit highest and best use
*The property will be sold by way of Public Auction on

Wednesday, 16 October 2013 at CBRE Offices on Level 21,
363 George Street, Sydney.

Lidcombe, 2141 demographic data

The median household income for Lidcombe is $1,888, 9% lower than Greater Sydney's household income of $2,077. Lidcombe has a younger age profile compared to the rest of Greater Sydney (median age 33 vs 37). Property ownership data shows 59% of property owners in Lidcombe have a mortgage.

23,663
Population
$1,888 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
02 9333 33...
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18 Parramatta Road
Lidcombe, NSW 2141

Detailed listing

CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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