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5 West Market Street
Richmond NSW 2753
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Sold on 12 Sep 2023

5 West Market Street Richmond NSW 2753

  • Shop & Retail
  • 1,559 m²
  • Sold

Central Commercial Property with Parking

    Combining stability, functionality, and realised investment potential, this 2,764 square metre commercial offering features a spectacular open-plan warehouse property and a sealed car park with 31 allocated spaces on title, including 2 disabled parking spaces.

    A blue chip tenant currently occupies the 1,559 square metre warehouse facility under a 5 year lease that commenced in September 2021, plus a 5 year extension option, giving the astute buyer assurance that a steady income stream would continue.

    Positioned within the heart of Richmond's commercial precinct, the property boasts excellent connectivity to Richmond Mall and the main services strip of Windsor Street, making it an unrivalled epicentre for business and commerce.

    Ideally suited for small to medium scale retail premises, as it is currently utilised, the E2 Commercial Centre zoning could also suit a host of business uses, including artisan food and drink industries, childcare premises, medical centres, or recreation facilities (STCA).

    The building also includes new ducted air conditioners and an interior mezzanine level with offices, storage spaces, and restroom facilities. Get ready to take advantage of this exceptional opportunity at the peak of commercial expertise.

    Features: - 2,764 square metre commercial property in a central location - 1,559 square metre open plan and flexible warehouse space - Sealed car park with 31 allocated spaces, including 2 with disabled parking - Current retail tenant on 5 year lease with 5 year option (commenced Sep 2021) - Prime location in Richmond's bustling commercial precinct - Excellent connectivity to Richmond Mall and Windsor Street services - E2 Commercial Centre zoning allows for various business uses (STCA) - Upgraded with new ducted air conditioners - Interior mezzanine level with offices, storage, and restrooms - Information Memorandum available upon request

    Contact your friendly Cutcliffe agent today for more information or to arrange an inspection.

    Cutcliffe Properties
    Cutcliffe Properties
    1/18 Groves Avenue
    Mulgrave, NSW 2756

    Property Highlights

    Date Sold12 Sep 2023
    Floor Area1,559 m²
    Land Area2,764 m²
    ParkingAsk Agent
    Property ID2018633083
    Category
    Last updated  12 Sep 2023
    Map for 5 West Market Street Richmond NSW 2753

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    Cutcliffe Properties
    Cutcliffe Properties
    1/18 Groves Avenue
    Mulgrave, NSW 2756

    Property Highlights

    Date Sold12 Sep 2023
    Floor Area1,559 m²
    Land Area2,764 m²
    ParkingAsk Agent
    Property ID2018633083
    Category
    Last updated  12 Sep 2023

    Listed by

    Hany Saleeb
    Cutcliffe Properties
    Call
    0412 080 864

    More about 5 West Market Street Richmond NSW 2753

    5 West Market Street Richmond NSW 2753 is categorized as Shop & Retail Property. It has a floor area of 1,559 m² and a land area of 2,764 m². The listing ID for this property is 2018633083.

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