Sold
Offices

76 Marion Street Bankstown, NSW 2200

Sold for $3,915,000 on 28 Jul 2022
  • Building: 800m²
  • Land: 770m²
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Offices in Bankstown

Under Instructions To Be Sold!

  • Building: 800m²
  • Land: 770m²

Ray White Commercial Western Sydney is pleased to present 76 Marion Street, Bankstown for sale via Public Auction.

This New Generation Boarding House provides a secure and rare opportunity to acquire this fully leased investment in an ideal location within the revitalising Bankstown Precinct.

Completed in 2015 and consisting of sixteen (16) self-contained rooms with one (1) manager room. This corner site (Marion Street & Winspear Avenue) allows for side street access to four (4) onsite car spaces.

Additional Highlights of the property are outlined below:

  • Site area 770m2*
  • Recently constructed and well-maintained investment
  • No passenger lifts, low maintenance upkeep
  • Four (4) car & three (3) bike onsite parking spaces
  • Current gross passing income of $247,000* p.a.
  • Potential to increase rents to be in line with current market
  • 600m* to Bankstown Railway Station and Bankstown Town Centre
  • Under instructions to be sold

The property will be offered for Auction, onsite on Thursday 28 July 2022 at 12:30pm.

For more information, please contact the exclusive selling agents.

*Approx.

Building:

800m²

Land:

770m² / 0.19 acres

Tenancy:

Tenanted

Categories:

Other, Offices, Medical/Consulting

76 Marion Street, Bankstown, NSW 2200