Ray White Commercial NSW is pleased to present 5 Sherwood Road, Merrylands West for sale via Public Auction.
Outstanding high exposure Western Sydney retail investment leased to an established auto parts store. The property presents astute investors the opportunity to secure an investment property with a versatile outlook.
5 Sherwood Road offers the following key attributes:
• Land area of 563sqm*, building area of 220sqm* plus mezzanine storage
• Building improvements comprises retail floor, backroom storage, office, mezzanine storage, kitchenette and two bathrooms
• Parking provisions for nine (9) vehicles
• Main access off Sherwood Road with rear lane pedestrian access
• Tenanted by established A1 Auto Parts, currently operating as an auto parts store
• Returning $88,000 per annum net + GST
• Current lease term until 2022, with 3 + 3 years option
• Adjoining other local amenities including SUPA IGA, KFC and McDonald's generating significant foot and vehicle traffic
• Located 1.5km* from Merrylands Town Centre
• Easily accessible via Merrylands Road, Centenary Road and Sherwood Road
The property will be offered for Auction on Tuesday 3rd March 2020 at 10:30am (AEDT).
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For more information, please contact the exclusive selling agents.