A unit in 10/DP1118323 Bankstown NSW. The local council is Canterbury-Bankstown, featuring 0 bedrooms and 0 bathrooms.
Tightly Held Asian Retail Location with Value-Creation Opportunity Colliers International, in conjunction with LJ Hooker, are pleased to offer 304-308 Chapel Road, Bankstown, a rare find large freehold commercial property consisting of ground floor retail and upper office over two levels. Constructed in 2008, the property presents great condition limiting future capital expenditure and attractive depreciation benefits.This is a rare opportunity to acquire a large freehold retail investment in the heart of Asian retail strip of Bankstown.Key Investment Highlights Include:- Prime Asian Retail Destination- 7 retail shops across 521sqm*- 23 office suites over two levels across 658sqm*- Modern concept and limited capital expenditure- Significant value creation & re-position Opportunity including rental uplift and possible for strata titled subdivision (Subject to Council approval)- Current Gross Income of $468,849 per annum*- Dual street access via Chapel Road and Dale Parade304-308 Chapel Road is For Sale by way of Public Auction on Thursday 27th September 2018 at 10:30am, located at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000For more information, feel free to contact the exclusive selling agents below:Harry Bui0418 477 888Nick Estephen0488 748 186In conjunction with LJ Hooker CabramattaPatrick Yeung0417 426 635*approximately