4/258-272 Illawarra Road,
Marrickville, NSW 2204

Shops & Retail

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Map of 4/258-272 Illawarra Road

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BLUE CHIPS TENANT!!!

Laing + Simmons Commercial Cabramatta are pleased to offer this outstanding opportunity to purchase this large strata commercial shop situated in a high foot traffic area and between well-established businesses; restaurants, cafes, medical center, Asian grocery, etc. This property will also provide a solid return for investors looking for strong rental security and rental growth.
+ Leased to Chemist Warehouse
+ Lease expires: 18th March 2023
+ Option term: 5 + 5 years
+ Total Building area: 615sqm
+ Annual rent increase CPI
+ Plus rear studio with a potential rental return of $20,020 per annum
+ Gross annual income from Chemist Warehouse $168,858.60 inclusive GST
+ 2 allocated car space + rear loading dock
+ Side access to free council car park
+ Rear loading dock
+ This property is unique and would make an excellent investment addition to property portfolio with upside potential
+ Inspection strictly by appointments only
+ For further information please contact Sonny Tran on 0411 217 8...

Marrickville, 2204 demographic data

The median household income for Marrickville is $2,170, 4% higher than Greater Sydney's household income of $2,077. Marrickville has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 53% of property owners in Marrickville have a mortgage.

26,570

Population

$2,170 per week

Median household income

37 years

Median age

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