First time for sale in over 30 years
Fully leased building
Three separate tenancies
Potential for strata sub-division
Silver & Co as exclusive selling agents are pleased to introduce 358 Botany Road, Beaconsfield to the market for sale. This property presents an exceptional opportunity to acquire a core mixed-use investment with three separate tenancies, with the further potential for a strata sub-division.
The building consists of a ground floor retail shop, first floor residential studio apartment and second floor oversized residential two-bedroom apartment with sunny rooftop entertaining terrace. The site is well located on Botany Road and is strategically positioned to benefit from many surrounding infrastructure projects including Sydney Airport, Port Botany, and the WestConnex Motorway.
Key Investment Highlights:
- Exceptional investment opportunity
- Fully leased investment
- Potential for strata sub-division
- Rear lane access with on-site parking/loading
- Prime retail shop front location
- Top end finishes in both apartments
- Short walk to Green Square Station
- MU1 mixed use zoning allowing for retail / commercial / residential
Income particulars:
Retail Shop:
- Retail Lease to Taste Texture
- 114*m2
- Gross Income $63,060 + GST pa
- Tenant responsible for 33% outgoings - $7,000*
- 5+5 lease term
- Expiry August 2026
Studio:
- Residential Lease
- 50*m2
- Gross Income $28,600 pa
- 12-month lease
- Expiry June 2025
Two Bedroom Apartment:
- Residential Lease
- 142*m2
- Gross Income $57,200 pa
- 12-month lease
- Expiry October 2025
Current combined rental income $155,860* pa.
358 Botany Road, Beaconsfield Alexandria is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Friday, 29th November 2024.
For more information, obtain an IM or to arrange an inspection please contact one of the exclusive Silver & Co sales agents below.
Richard Perry 0416 204 070
Mitchell Perry 0413 263 444
* Approximate