216-218 Victoria Avenue,
Chatswood, NSW 2067

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

Key property information

Floor area

Tenure type

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Map of 216-218 Victoria Avenue

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JUST SOLD | 216 – 218 Victoria Avenue, Chatswood

SOLD for the first time in over 35 years by Shead Property & CI Australia under Auction conditions yesterday.

The property was extremely well received by the market with over 400 enquiries received and 10 separate buyers in attendance at Auction.

The sale price reflected a record yield.

Boasting a coveted Victoria Avenue, Chatswood address, a corner position with a double retail frontage and a recently committed 5 + 5 year lease, 216 – 218 Victoria Avenue is the ultimate trophy investment.

Key Features Include:
• Tenanted by King Furniture for almost 20 years.
• Rare Double Fronted Retail Freehold
• Coveted Corner Position
• Brand New 5 + 5 year Lease to King.
• International Retailer with stores in Malaysia, Singapore, Canada & New Zealand.
• Major Recent Capital Upgrades
• Mixed Use Zoning
• 350m to Chatswood Chase
• Net Income: $235,000 + GST pa

For more information on the sale please contact Rick Sombroek from Shead Property 0412 280 1... or Nick Lowry from CI Australia on 0408 891 376.

Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.

Chatswood, 2067 demographic data

The median household income for Chatswood is $2,158, 4% higher than Greater Sydney's household income of $2,077. Chatswood has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 41% of property owners in Chatswood have a mortgage.

25,553

Population

$2,158 per week

Median household income

37 years

Median age

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Most residents

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Most households