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Shop 1, 2a Rowntree Street Balmain, NSW 2041

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Shop 1, 2a Rowntree Street,
Balmain, NSW 2041

Shops & Retail • Offices

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Map of Shop 1, 2a Rowntree Street

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PREMIER SECURE MEDICAL INVESTMENT

  • Secure 5 year lease with growing tenant
  • Net rent: $132,999 (5% annual increases)
  • 186sqm^ NLA with two car spaces
CBRE is pleased to present to the market, for sale by public auction, this rare opportunity to purchase a prime medical investment property in the heart of Balmain.

This excellent strata investment property has recently been renovated to the highest standard with a newly exercised lease with secure annual increases. Positioned for success, the property is currently tenanted by “Clear Complexions” and would suit all investors looking to secure a solid and secure investment in the highly sought after Inner West.

Investment highlights include;

- Secure 5 +5 year lease to established medical tenant “Clear Complexions”
- Annual net passing income: $132,999^ with 5% annual increases
- 186sqm^ net lettable area with 2 car spaces
- Centrally located: moments from Balmain Town Centre
- Newly refurbished building with tenancy street frontage over 14m^

This property will be sold by way of public auction on Tuesday, 29th of August 2017 at 10:30am.

^Approximate

For more information, please contact the exclusive agents listed.

Balmain, 2041 demographic data

The median household income for Balmain is $3,039, 46% higher than Greater Sydney's household income of $2,077. Balmain has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 49% of property owners in Balmain have a mortgage.

10,454
Population
$3,039 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
02 9333 33...
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Shop 1, 2a Rowntree Street
Balmain, NSW 2041
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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