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230 Beamish Street
Campsie NSW 2194
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Sold on 20 Jun 2024

230 Beamish Street Campsie NSW 2194

  • Shop & Retail
  • 355 m²
  • Sold

Blue-chip Investment in a Tightly Held Location

  • Home to ANZ for over 50 years
  • Net lease structure
  • In the heart of Beamish Street retail

Colliers is pleased to present for sale 230 Beamish Street, a blue-chip investment located in the heart of Campsie along the vibrant and tightly held Beamish Street with brand new lease to major ASX tenant ANZ Bank, one of the big major institutions in Australia.

Investment Highlights:

• Blue-chip retail investment in Sydney's booming Inner West
• 100% leased to major ASX tenant ANZ Bank with new 3-year lease.
• Only 200m* from Campsie railway station.
• Site Area: 544m²*, Building Area: 355m²*
• ANZ Bank: 20-year lease to Sep-26 plus option to extend until 2029. Home to ANZ for over 50 years.
• Value-add potential including rental reversion and future development upside (STCA) on B2 Local Centre zoning.
• Current Net Income: $167,943 per annum + GST (as at Sep-23)
• Banks are considered safe & defensive assets due to their expensive fit-outs and blue-chip tenants that provide essential services.

Colliers exclusively offer 230 Beamish Street, Campsie for sale by way of Public Auction on Thursday, 20 June at 10:30am at Cooley CBD Auction Centre, Level 5, One Margaret Street, Sydney.

*Approx.

AUCTION

Auction date and time20/06/2024 10:30
Auction locationCooley CBD Auction Centre, Level 5, One Margaret Street, Sydney.
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold20 Jun 2024
Floor Area355 m²
Land Area544 m²
ParkingAsk Agent
Property ID2019254098
Category
Last updated  20 Jun 2024
Map for 230 Beamish Street Campsie NSW 2194

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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold20 Jun 2024
Floor Area355 m²
Land Area544 m²
ParkingAsk Agent
Property ID2019254098
Category
Last updated  20 Jun 2024

Co-Agents

Harry Bui
Harry Bui
Colliers International - Sydney
Call
+61 418 477 888
Andrew Bui
Colliers International - Sydney
Call
+61 451 028 428

More about 230 Beamish Street Campsie NSW 2194

230 Beamish Street Campsie NSW 2194 is categorized as Shop & Retail Property. It has a floor area of 355 m² and a land area of 544 m². The listing ID for this property is 2019254098.

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