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Belle Property Commercial - Inner West / City Fringe

19 Padstow Parade Padstow, NSW 2211

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19 Padstow Parade,
Padstow, NSW 2211

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Key property information

Land area

Floor area

Tenure type

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Belle Property Commercial - Inner West / City Fringe
Rocco Tripodi
Andrew Bozza

Belle Property Commercial - Inner West / City Fringe

Level 1, 2-4 King Street
NEWTOWN, NSW 2042
Belle Property Commercial - Inner West / City Fringe
19 Padstow Parade
Padstow, NSW 2211

Map of 19 Padstow Parade

Directions

First time offered in over 30 years

This tenanted investment is a great defensive asset for your property portfolio. Leased to "Prime Cut Meats" butchery on a long term lease, it is located within Padstow's well established retail precinct and benefits from the pedestrian thoroughfare that is created by being located in the middle of the retail strip and the Padstow Rail Station.


Key Features:
- Lease Term 5 x 5 x 5
- Income $60,000.00 Per Annum + GST
- Land Area 240sqm*
- Building Area 120sqm*
- Rear Lane Access + Parking
- Zoning B2 Local Centre
- FSR 2:1
- HOB 14m

The property will be open for inspection on Wednesday 13th April 11:30am - 12:00pm.

The Auction will be held on Tuesday 10th May 2022 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000

*Figures are approximate

Padstow, 2211 demographic data

The median household income for Padstow is $1,891, 9% lower than Greater Sydney's household income of $2,077. Padstow has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 49% of property owners in Padstow have a mortgage.

14,017
Population
$1,891 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

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