Ray White Commercial SCF in conjunction with The Property Investor Alliance, are pleased to offer 38 Bankstown City Plaza, BANKSTOWN for sale via Public Auction.
Introducing a trophy asset that epitomises opportunity - a distinguished commercial investment nestled in the vibrant Bankstown Central Business District. This standout property not only boasts an enviable location but also features a secure lease with a reputable Asian supermarket on the ground floor, ensuring a steady income stream. With the first floor currently vacant, this investment offers considerable growth potential for development or leasing options.
Key Property Highlights
- Zoned E2: Commercial Centre
- Opportunity for simultaneous investment and occupy
- Gross Lettable Area (GLA) 1,308sqm*
- Site Area: 654sqm*
- Positioned within one of the largest cities in Sydney's southwest, guaranteeing high foot traffic and visibility.
- Secure Tenant: Ground floor leased to a grocery store, with a lease term running until October 2028 plus an
additional 5-year option.
- Holding Passing Income: $300,000
- Development Potential**
- Proximity to M5: Less than 1 km from the M5 Motorway, providing seamless connectivity to key commercial hubs.
- Public Transport: Close to Bankstown train station and bus stops
- Local Amenities: Nearby cafes, restaurants, and retail outlets for convenience.
This is a rare opportunity to acquire a well-positioned commercial property with a reliable income stream and significant potential for growth. Don't miss out on this exceptional investment!
This property will be available to every Tuesday, Thursday & Saturday starting 11th March 2025, see inspection times below:
Tuesday 1:30pm-2pm
Thursday 10am-10:30am
Saturday 10:30am-11am
38 Bankstown City Plaza, Bankstown is being offered for sale via Public Auction, onsite Tuesday 8th April 2025 3:30pm. (AEDT)
For more information or to arrange an inspection, please get in touch with the agents below:
Shirley (Wei Wei) Huang
The Property Sales Manager
Property Investor Alliance
0402 368 168
Kamal Silwal
Director
RWC Sydney City Fringe
0430 322 459
* Approximate
** Subject to Council Approval