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8/62-72 Queen Street
Auburn NSW 2144
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Sold on 5 Jun 2024

8/62-72 Queen Street Auburn NSW 2144

  • Shop & Retail
  • 98 m²
  • Sold

Circa 7.5% Yield Western Sydney Investment

    Burgess Rawson is pleased to offer 8/62-72 Queen Street, Auburn NSW, for sale.

    The property boasts the following investment highlights:

    + Popular restaurant investment in vibrant shopping and dining precinct
    + 5 year lease to 2026 + option to 2031
    + Recognised Nepalese restaurant brand Sambandha with locations in Hurstville, Westmead and Auburn
    + Bright laid back restaurant with dine in & take away options and available on Uber Eats
    + Open for lunch and dinner 7 days, closing 9.30pm nightly and 10pm on Saturday and Sunday
    + 8.75% of the local population within 1.5km were born in Nepal, 10x greater than the NSW state average^
    + Epicentre of the vibrant Auburn shopping and dining precinct
    + Auburn forms an integral part Western Sydney, the fastest growing region in NSW
    + Impressive restaurant fitout featuring al-fresco dining + valuable on title parking
    + Fixed compounding 3% annual rental increases
    + Net Income: $121,029 pa* + GST (as at 1 June 2024)

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx
    ^ Gapmaps

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold5 Jun 2024
    Floor Area98 m²
    Land Area98 m²
    ParkingAsk Agent
    Property ID2019189861
    Category
    Last updated  12 Aug 2024
    Map for 8/62-72 Queen Street Auburn NSW 2144

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold5 Jun 2024
    Floor Area98 m²
    Land Area98 m²
    ParkingAsk Agent
    Property ID2019189861
    Category
    Last updated  12 Aug 2024

    Co-Agents

    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    John Ingui
    Burgess Rawson Sydney
    Call
    0486 011 406

    More about 8/62-72 Queen Street Auburn NSW 2144

    8/62-72 Queen Street Auburn NSW 2144 is categorized as Shop & Retail Property. It has a floor area of 98 m² and a land area of 98 m². The listing ID for this property is 2019189861.

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