1-3 Station Street Engadine NSW 2233

Burgess Rawson is pleased to offer to the market 1-3 Station Street, Engadine NSW for sale via our Investment Auction Portfolio 169.

This investment has the following key investment highlights:

+ 5 year lease to established radiology centre to 2027 plus options to 2042.
+ Anchored by Focus Radiology: established comprehensive diagnostic medical imaging practice with 4 locations in NSW^.
+ Favourable 3% annual rental reviews included in radiologist lease.
+ Impressive Princes Highway corner freehold, adjoining McDonald's and neighbouring ALDI & Engadine Train Station.
+ Prime 588sqm* landholding with potential for 20m* building height & mixed-use development (STCA).
+ Immaculate 400sqm* double storey building with 8 on site car spaces.
+ High exposure corner site boasting 57 metres frontage to Princes Highway with 394,450 vehicles passing weekly.
+ Engadine: booming Southern Sydney Metro suburb , 33km from the CBD.
+ Sutherland Shire: 2023 population of 236,197, with healthcare and social assistance the largest industry within the LGA generating $1.5b annually^^.
+ Net Income: $128,016 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^ focusrad.com.au
^^ profile.id