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38 John Street
Cabramatta NSW 2166
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38 John Street Cabramatta NSW 2166

  • Shop & Retail
  • 1,467 m²
  • Expressions of Interest

Once in a Lifetime Opportunity with 10 Year Lease to CBA

  • Home to CBA for over 50 years!
  • Generational trophy investment
  • Rare 10 year lease with options to 2043

Colliers are pleased to present 38 John Street, Cabramatta, For Sale by Worldwide Expressions of Interest.

Home to the Commonwealth Bank of Australia (CBA) for over 50 years, 38 John Street, Cabramatta is a once in a lifetime opportunity to secure a trophy asset along the vibrant and tightly held John Street, Cabramatta anchored by a very rare 10-year lease with options to 2043 to Australia's largest bank.

38 John Street, Cabramatta is a prominent double-storey retail & commercial building, backed by the state-of-the-art multi-million-dollar refurbishment on its imposing combined floorplate of 1,467 square metres* net lettable area (NLA) over two levels completed in December 2023.

Investment Highlights:

• 100% leased to CBA as double net lease structure
• Solid investment with rare 10-year lease and options to 2043
• Super prime and tightly held John Street retail location with wide 21 metre* frontage
• CBA is Australia's largest bank serving over 16 million customers annually
• Current net income: $1,065,408.83* per annum + GST as of 3 November 2024
• Cabramatta is a highly sought after Asian market with a strong demand from cashed businesses such as restaurants, supermarkets, fruit & veg and specialty stores
• Within the thriving heart of Cabramatta's vibrant shopping and dining precinct featuring a recent multi-million refurbishment completed in 2023
• Over 3 million people to call Western Sydney Home by 2031 and set to benefit from the upcoming $5.3 billion Western Sydney Airport

CBA Cabramatta, 38 John Street is for sale via Worldwide International Expressions of Interest closing on Thursday 28 November at 3:00PM (AEDT).

*Approx.

EXPRESSION OF INTEREST

Closing date and time28/11/2024 15:00
Recipient nameAsk Agent
Delivery addressvia email
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Floor Area1,467 m²
Land Area867 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019578461
Category
Last updated  25 Oct 2024
Map for 38 John Street Cabramatta NSW 2166

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

Property Highlights

Floor Area1,467 m²
Land Area867 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019578461
Category
Last updated  25 Oct 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 38 John Street Cabramatta NSW 2166

38 John Street Cabramatta NSW 2166 is categorized as Shop & Retail Property. It has a floor area of 1,467 m² and a land area of 867 m². The listing ID for this property is 2019578461.

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