7 The Centre

Forestville NSW 2087

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Sold on 11 Sep 2019

7 The Centre Forestville NSW 2087

Shop & Retail
704 m²
Sold

GATEWAY FREEHOLD COMMERCIAL INVESTMENT

7 x shops + 3 x offices - Fully Leased
704sqm* NLA with 8 secure car spaces
Net income of $425,591 per annum*

CBRE, as the exclusive selling agent, is pleased to present 7 The Centre, Forestville, a two-storey commercial building fully leased with 10 tenants comprising 7 shops and 3 offices. The 500sqm* corner parcel offers three large street frontages including ideal retail frontage to The Centre pedestrian retail strip.

Positioned at the gateway to Forestville shops, 7 The Centre, Forestville benefits from the following key investment highlights:

Freehold fully leased commercial building comprising 7 retail shops and 3 office tenants
Two storey building with an NLA of 703.8sqm* plus 8 car spaces
500sqm* corner block opposite Coles and fronting The Centre pedestrian retail strip
100% leased to diverse tenant mix returning a net income of $425,591 per annum*
First time offered in 28 years in an area well positioned for growth
Three street frontages positioned at the gateway to Forestville Shops
Future development upside with flexible zoning permitting with consent shop top housing (apartments)
Key growth locality and thriving commercial strip

*Approximate

CBRE Sydney

Level 21/363 George St

Sydney, NSW 2000

Property Highlights

Date Sold	11 Sep 2019
Floor Area	704 m²
Land Area	500 m²
Parking	Ask Agent
Property ID	2015457724
Category	Shop & Retail Medical / Consulting Offices
Last updated	11 Sep 2019

Map for 7 The Centre Forestville NSW 2087

Nearest transport* to 7 The Centre Forestville NSW 2087

Bus

Train

Tram

Ferry

Starkey St At Violet Av	45 m
Starkey St Opp Tyrone Av	60 m
Forestville Memorial Hall, Starkey St	90 m
Starkey St At Warringah Rd	141 m

*Within a 4km radius

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CBRE Sydney

Level 21/363 George St

Sydney, NSW 2000

Property Highlights

Date Sold	11 Sep 2019
Floor Area	704 m²
Land Area	500 m²
Parking	Ask Agent
Property ID	2015457724
Category	Shop & Retail Medical / Consulting Offices
Last updated	11 Sep 2019

Co-Agents

Aaron Arias

CBRE Sydney

Call

+61 403 674 599

Toby Silk

CBRE Sydney

Call

0422 143 813

Nicholas Heaton

CBRE Sydney

Call

+61 408 025 97

More about 7 The Centre Forestville NSW 2087

7 The Centre Forestville NSW 2087 is categorized as Shop & Retail Property. It has a floor area of 704 m² and a land area of 500 m². The listing ID for this property is 2015457724.