129 Bankstown City Plaza Bankstown NSW 2200

Colliers is pleased to present for sale 129 Bankstown City Plaza, a double-storey medical freehold investment with secure chemist and medical centre tenants benefitting from dual frontages and directly adjacent to Bankstown railway station.

· Prime medical freehold investment within Bankstown's thriving retail precinct
· Solid investment opportunity for investors & future owner-occupiers to capitalise on the vibrant & bustling Bankstown City Plaza retail strip.
· Double-storey freehold building including ground floor Rumore's Pharmacy, level one medical centre and rear access to Bankstown railway station.
· Longstanding pharmacy tenant with long 10-year lease to 2028 with options to 2038.
· Site area: 114m²*, building area: 200m²*
· Current fully leased net passing Income - $102,681.24 per annum + GST (as at 30 June 2024) with opportunity for further rental growth in the near future.
· Strategic B4 mixed use zoning under Canterbury-Bankstown LEP 2023
· Medical leased property is considered a safe and defensive investment offering stable income, long-lease agreements, and essential service.

Colliers exclusively offer 129 Bankstown City Plaza, Bankstown for sale via Public Auction on Thursday, 29 August 2024 at 12:00pm at Colliers Head Office, Level 30/225 George Street, Sydney.

*approx.