340 Guildford Road, Guildford NSW
The exclusive agents are pleased to announce the sale of 340 Guildford Road, Guildford prior to auction.Situated on a commanding…
The subject property is a freestanding retail building in one of Merrylands sought after locations opposite Stockland Mall and only 140* metres to railway station. It is currently leased to a government tenant until 30 June 2019, with a further four (4) year option and a current passing rental of $53,615.07 per annum*.
Additional highlights outlined below:
• Rear lane access
• Established & secure tenant
• Development potential (STCA)
• Zone – B4 Mixed Use
• Floor Space Ratio – 7.5 : 1
• Height Limit – 65 metres
The property was sold under hammer at in rooms auction at
record price.
*Approximate
Sales Analysis | |
Sale Price | $1,825,000 |
Land Area | 221 sqm* |
Zoning | Zone – B4 Mixed USE Floor Space Ratio – 7.5 :1 Height Limit – 65 metres |
Net Income | $45,595 per annum* |
Yield | 2.5%* |
Potential Gross Floor Area (GFA) (STCA) | 1,657.5sqm* |
Rate psm GFA | $1,101 psm* |
Rate psm Land | $8,258 psm* |
Sales Process | |
Sales Date | October 2017 |
Sales Type | Public Auction |
The exclusive agents are pleased to announce the sale of 340 Guildford Road, Guildford prior to auction.Situated on a commanding…
DEVELOPMENT WITH LEASEBACK Sold under the hammer following a competitive marketing campaign, the exclusive agents are pleased to announce the…