9C Park Street Peakhurst NSW 2210

Colliers are pleased to bring to market the sale by auction on the 28th of April 2021 at 11am of the retail suite situated at 9C Park Street, Peakhurst.

This is a brilliant opportunity for any investor to purchase a freehold bite sized leased investment property, located within the tightly held Peakhurst shopping precinct. The property faces park Street & Forrest Road, the property offers strong exposure to hundreds of passing cars each day. Currently leased to a well-established Pharmacy operator with multiple options and favourable 3% rent increases.

9C Park Street, Peakhurst has the following features:
- Leased until March 2023 with 1 x 3 year option & 1 x 2 year option
- 3% rental increases
- Passing rental of $31,045.40 + GST
- Favourable zoning 1.5:1 with 9 metre height limit ideal for development
- Leased to defensive Pharmacy operator Rakoty Pharmacy
- Well configured tenancy Storage / office space, Front of house retail, back of house (currently used as a compounding laboratory) and own amenities.
- Riverwood, Mortdale and Narwee train stations located within 3km
- Major arterial roads providing immediate access to the Port Botany, Sydney Airport and Sydney CBD

9C Park Street, Peakhurst is available for sale via a public Auction onsite on Wednesday 28th April at 11am (AEST), Unless sold prior

For further details on the property or to arrange an inspection please contact the exclusive sale agents below:

Angus Urquhart
+61 432 192 849

Hamish Miles
+61 404 524 724