Colliers is pleased to present for sale 267 Liverpool Road, Ashfield, a prime double-storey mixed use building comprising of 3 combined strata lots fully leased to New Shanghai Night and Forza Jiu Jitsu within the centre of lively and tightly held Ashfield retail Asian precinct.
The property is located in arguably Liverpool Road's best position being directly opposite Ashfield Mall, surrounded by well-known restaurants and 150 metres* to Ashfield railway station with ease of access only 8 kilometres* from Sydney CBD.
· Rare double-storey mixed use investment in arguably Liverpool Road, Ashfield's best position.
· Fully leased on 3 strata lots from renowned New Shanghai Night restaurant and Forza Jiu Jitsu martial arts club.
· Extensive building refurbishment offering low maintenance and steady cash flow from long-term tenants, future rental reversion, strata-sell down and redevelopment upside in low vacancy market.
· Site area: 269m²* Building area: 511m²*
· Net income: $162,078.03 per annum + GST with rental growth upside (as at July 2024)
· Strategic high growth precinct only 150 metres* to Ashfield railway station and within 20 minutes' drive or train to Sydney CBD.
· Surrounded by well-known restaurants and close by to Five Dock, Haberfield, Burwood and Croydon.
· Ashfield is an established and sought after market with the median house price currently $2,145,000 (at Jul-24), with a high proportion of Asian born residents.
267 Liverpool Road, Ashfield will be for sale by Public Auction on Thursday 29 August 2024 at 12pm at Level 30, 225 George Street, Sydney NSW 2000.
*approx.