CBRE as the exclusive sales agent, is pleased to present 57 Gladesville Road, Hunters Hill. The property presents an outstanding opportunity to acquire a once in a generation prominent corner freehold investment in Sydney's prestigious Hunters Hill anchored by an ASX listed tenant.
57 Gladesville Road, Hunters Hill benefits from the following key attributes;
Generational prominent corner freehold investment anchored by top tier tenant
Bluechip ASX Listed tenant, Coles Vintage Cellars with brand new lease to 2029 with a further 6-year option
Secure passing net annual income of $349,063* set to increase to $364,400* in December 2023
Brand new leases providing a desirable WALE of 6.6 years* (based on income)
Attractive annual rental increases providing assured future capitalised income growth
Flexible and highly prized B4 Mixed Use zoning on 604sqm* site, providing future development upside (STCA)
Sun drenched north-westerly outlook with three street frontages totalling 70.41m providing unrivalled exposure
Side Street access from Howard Place for loading and car parking for 12 vehicles plus truck access
Situated in the heart of a buzzing retail strip in the affluent suburb of Hunters Hill with a median house price of $4.16M*
57 Gladesville Road, Hunters Hill will be sold via Expression of Interest on Wednesday, 31st of August 2022 at 4:00pm
For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx