SOLD PRIOR TO AUCTION
Ray White Commercial is pleased to present 1 Trelawney Street, Eastwood for sale via on-site Auction on Wednesday 23 March 2022 at 10:30am (AEDT).
The property is a fully let three-storey freehold building comprising ground floor retail and seven (7) office suites in the heart of Eastwood. Investors are provided with an exceptional opportunity to make a purchase in one of Sydney's most unmatched bustling and vibrant dining and retail precincts. The property is zoned B4 Mixed Use, providing underlying development potential with a 15.5m height limit and no FSR controls.^ The property also boasts on-site secure parking for all tenants - an extremely rare feature in Eastwood.
Eastwood is continuing to benefit from several infrastructure upgrades including a new car park, plaza and shopping centre.
Additional highlights of the asset include:
• Fully leased net income of $401,506* + GST
• Multiple streams of income
• B4 Mixed use provides a value add opportunity
• Secure on-site parking
• Site area of 339m2*
• Immediate access to an abundance of retail amenities and public transport
• Prime street frontage
• Demolition clause in all leases
• Individual electrical metering for all suites
• Security features include digital CCTV cameras with remote viewing and an access control system
• Signage opportunities fronting Trelawney Street as well as Rowe Street
The property is offered for sale via on-site Auction on Wednesday 23 March 2022 at 10:30am (AEDT).
For more information, please contact the exclusive selling agents.
*Approx.