94-96 Anderson Avenue Panania NSW 2213

Colliers International are pleased to exclusively present a rare freehold commercial investment in Panania, a thriving retail centre in Sydneys Inner South West.

Entailing a diverse stream of income from two residential tenancies on the first floor and a brand- new five-year lease to MedClinic on the ground floor, the property offers a rare opportunity to capitalise on a secure investment within a tightly held precinct.

Key highlights include:
- Brand new 5 + 5-year lease
- Gross Passing Income of $180,523* pa
- Multiple incomes and long-standing tenants
- Net Lettable Area: 510m²*
- Maximum Gross Floor Area: 666m²^
- Site Area: 333m²*
- Unique upside potential^
- 12 metres* frontage to corner of Anderson Avenue and Tower Street
- Flexible B2 Local Centre zoning

*Approx. ^STCA

94-96 Anderson Avenue presents a prominent and highlight exposed shop-top terrace positioned on the corner of Anderson Avenue and Tower Street in the middle of the retail core of Panania. The property is directly surrounded by an abundance of essential retailers and sits walking distance from Panania Station.

94-96 Anderson Avenue will be offered For Sale by way of Expressions of Interest closing on Thursday 23rd April 2020 at 2:00pm (AEST).

For further information or to obtain an information memorandum, please contact the exclusive agents.

Tom Barnier
0499 888 024

OR

Nick Estephen
0488 748 186