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5/655 King Street
St Peters NSW 2044
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Sold on 29 Oct 2024

5/655 King Street St Peters NSW 2044

  • Shop & Retail
  • 99 m²
  • Sold

Affordable Inner-West Sydney Investment | Neighbouring St Peters Station

    Burgess Rawson is pleased to offer to the market this affordable Inner-West Sydney investment at 5/655 King Street, St Peters NSW for sale via our Investment Auction Portfolio 172.

    This opportunity has the following key investment highlights:

    + Recent 3 year lease to 2026 plus two further options to 2032
    + Favourable rent reviews with fixed 3.5% increases annually, ensuring strong rental growth
    + High pedestrian traffic position at entry to St Peters train station - servicing 1,400+ commuters during peak hour
    + Highly exposed 99 sqm* corner retail premises
    + Domo 39, boutique Japanese café and eatery
    + Newly constructed mixed-use development completed 2021*
    + St Peters: Popular Inner-West suburb with LGA supporting 195,000+ population^
    + Net Income $71,988 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 29 October 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information.

    *Approx
    ^forecast.id.com.au

    AUCTION

    Auction date and time29/10/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold29 Oct 2024
    Floor Area99 m²
    Land Area99 m²
    ParkingAsk Agent
    Property ID2019535904
    Category
    Last updated  31 Oct 2024
    Map for 5/655 King Street St Peters NSW 2044

    Nearest transport* to 5/655 King Street St Peters NSW 2044

    Bus
    Train
    Tram
    Ferry
    St Peters Station49 m
    Sydney Park, Sydney Park Rd130 m
    King St before Holmwood St374 m
    King St opp Holmwood St438 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold29 Oct 2024
    Floor Area99 m²
    Land Area99 m²
    ParkingAsk Agent
    Property ID2019535904
    Category
    Last updated  31 Oct 2024

    Co-Agents

    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

    More about 5/655 King Street St Peters NSW 2044

    5/655 King Street St Peters NSW 2044 is categorized as Shop & Retail Property. It has a floor area of 99 m² and a land area of 99 m². The listing ID for this property is 2019535904.

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