Colliers is pleased to offer for sale a trophy Sydney's Inner West retail & medical investment located in the heart of Campsie on the bustling and very tightly held Beamish Street.
A prime retail & medical freehold investment located on a very busy corner position along the vibrant and tightly held Beamish Street, Campsie with secure leases to blue-chip tenant NAB & Campsie Pharmacy.
Investment Highlights:
• Blue-chip retail & medical investment in Sydney's thriving Inner West
• 100% leased to secure and blue-chip tenants NAB & Campsie Pharmacy on long-term leases
• Prime corner position on the vibrant and tightly held Beamish Street with excellent exposure and only 150m* from railway station.
• Site area: 572.38m²* , building area: 395m²*
• NAB: 3-year lease to April 2025 plus options extending until April 2034
• Campsie Pharmacy: new 10-year lease to 2033 plus options extending until 2043
• Net Income: $206,731.93 per annum + GST (as at April 2024)
• Banks and pharmacies are considered safe & defensive assets due to their expensive fit out and blue chip tenants providing essential services.
220-222 Beamish Street, Campsie will be for sale by Public Auction on Thursday 2 May 2024 at Colliers Sydney Head Office, Level 30/225 George Street, Sydney NSW 2000.
*Approx.