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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

    Nearest transport* to 8/62-72 Queen Street Auburn NSW 2144

    Bus
    Train
    Tram
    Ferry
    Auburn Trinity Catholic College, Park Rd21 m
    Auburn Trinity Catholic College, Alice St140 m
    St Johns School Queen St173 m
    Mary St At Park Rd191 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    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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