5 Sherwood Road,
Merrylands, NSW 2160
Shops & Retail • Warehouse, Factory & Industrial • Offices
Key property information
Land area
Floor area
Tenure type
Sold on
RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
5 Sherwood Road
Merrylands, NSW 2160
Map of 5 Sherwood Road
HIGH EXPOSURE TENANTED RETAIL FREEHOLD
- Land area of 563sqm*
- Building area of 220sqm*
- Returning $88,000 per annum net
Ray White Commercial NSW is pleased to present 5 Sherwood Road, Merrylands West for sale via Public Auction.
Outstanding high exposure Western Sydney retail investment leased to an established auto parts store. The property presents astute investors the opportunity to secure an investment property with a versatile outlook.
5 Sherwood Road offers the following key attributes:
• Land area of 563sqm*, building area of 220sqm* plus mezzanine storage
• Building improvements comprises retail floor, backroom storage, office, mezzanine storage, kitchenette and two bathrooms
• Parking provisions for nine (9) vehicles
• Main access off Sherwood Road with rear lane pedestrian access
• Tenanted by established A1 Auto Parts, currently operating as an auto parts store
• Returning $88,000 per annum net + GST
• Current lease term until 2022, with 3 + 3 years option
• Adjoining other local amenities including SUPA IGA, KFC and McDonald's generating significant foot and vehicle traffic
• Located 1.5km* from Merrylands Town Centre
• Easily accessible via Merrylands Road, Centenary Road and Sherwood Road
The property will be offered for Auction on Tuesday 3rd March 2020 at 10:30am (AEDT).
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For more information, please contact the exclusive selling agents.
Outstanding high exposure Western Sydney retail investment leased to an established auto parts store. The property presents astute investors the opportunity to secure an investment property with a versatile outlook.
5 Sherwood Road offers the following key attributes:
• Land area of 563sqm*, building area of 220sqm* plus mezzanine storage
• Building improvements comprises retail floor, backroom storage, office, mezzanine storage, kitchenette and two bathrooms
• Parking provisions for nine (9) vehicles
• Main access off Sherwood Road with rear lane pedestrian access
• Tenanted by established A1 Auto Parts, currently operating as an auto parts store
• Returning $88,000 per annum net + GST
• Current lease term until 2022, with 3 + 3 years option
• Adjoining other local amenities including SUPA IGA, KFC and McDonald's generating significant foot and vehicle traffic
• Located 1.5km* from Merrylands Town Centre
• Easily accessible via Merrylands Road, Centenary Road and Sherwood Road
The property will be offered for Auction on Tuesday 3rd March 2020 at 10:30am (AEDT).
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For more information, please contact the exclusive selling agents.
Merrylands, 2160 demographic data
The median household income for Merrylands is $1,470, 29% lower than Greater Sydney's household income of $2,077. Merrylands has a younger age profile compared to the rest of Greater Sydney (median age 33 vs 37). Property ownership data shows 53% of property owners in Merrylands have a mortgage.
32,472
Population
$1,470 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
RWC - Western Sydney 15-17 Argyle Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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