Colliers is pleased to present 22 John Street, Cabramatta, a prestigious trophy Western Sydney retail investment located in the heart of Cabramatta along the vibrant and bustling John Street with brand new lease to National Australia Bank Limited (NAB), one of the four largest financial institutions in Australia.
Trophy Retail Investment with 83% income secured by NAB
Prominent John Street location only 100 metres from station
Three income streams including Smiles Lang & Associates and Minh Thanh Migration.
Site Area: 316sqm*, Building Area: 636sqm*
NAB: one of the four largest financial institutions in Australia, only major bank to have experienced positive growth in past year
New 3-year lease to 2025 + options until 2035. NAB has been in occupation for over 50 years.
Total Net Income: $368,470.79* per annum + GST (100% leased)
Cabramatta is a large vibrant commercial centre and popular restaurant precinct with over 15,000 visitors and tourists on the weekend alone.
Upcoming $5.3bn Western Sydney International Airport set to open by 2026
22 John Street, Cabramatta will be for sale via Public Auction on Thursday 24 November 2022 at 1:00pm Colliers Sydney Office, Level 30, 225 George Street, Sydney NSW 2000.
*Approx.