Back to previous step
153-165 Parramatta Road, North Strathfield, NSW, 2137
North Strathfield
RWC Western Sydney is pleased to present 153-165 Parramatta Road, North Strathfield ('the Property') for sale via Expressions of Interest.
An iconic showroom situated on a substantial 5,960sqm* landholding with a brand-new lease to Hyundai Motor Group.
The Property presents a unique and rare opportunity to acquire one of Sydney's highest exposure assets along the regentrifying Parramatta Road corridor. Sitting on an island site, the Property boasts over 300 metres* of street frontages with access off both Concord Road as well as Parramatta Road.
Forming a part of The Parramatta Road Urban Transformation Strategy, the Property also benefits from substantial future redevelopment upside.
Additional Highlights of the Property:
• Lease to multinational blue-chip tenant - Hyundai Motor Group
• Secure 10-year lease plus 7-year option until 2041
• Annual net income of $1,100,000 plus GST
• Fixed 5% annual increases to future proof your investment
• Substantial site area of 5,960 sqm*
• Existing lettable area of 4,216 sqm*
• Existing improvements include showroom, offices, workshop, storage, restaurant/café as well as amenities
• Ample onsite parking
• Highly desirable business destination with unparalleled exposure
• Three street frontages with direct access to Concord Road and Parramatta Road
• Incredibly flexible Zoning E3 Productivity Support - allows for residential, retail & commercial uses
• Long term potential to value-add, reposition or redevelop
• Attractive net lease with tenant responsible for all outgoings
The property will be offered for sale via Expressions of Interest, closing Wednesday 28 February 2024 at 3:00pm.
For more information, please contact the exclusive agents.
*Approx.
Remember to mention you found this property on CommercialReady
RWC Western Sydney is pleased to present 153-165 Parramatta Road, North Strathfield ('the Property') for sale via Expressions of Interest.
An iconic showroom situated on a substantial 5,960sqm* landholding with a brand-new lease to Hyundai Motor Group.
The Property presents a unique and rare opportunity to acquire one of Sydney's highest exposure assets along the regentrifying Parramatta Road corridor. Sitting on an island site, the Property boasts over 300 metres* of street frontages with access off both Concord Road as well as Parramatta Road.
Forming a part of The Parramatta Road Urban Transformation Strategy, the Property also benefits from substantial future redevelopment upside.
Additional Highlights of the Property:
• Lease to multinational blue-chip tenant - Hyundai Motor Group
• Secure 10-year lease plus 7-year option until 2041
• Annual net income of $1,100,000 plus GST
• Fixed 5% annual increases to future proof your investment
• Substantial site area of 5,960 sqm*
• Existing lettable area of 4,216 sqm*
• Existing improvements include showroom, offices, workshop, storage, restaurant/café as well as amenities
• Ample onsite parking
• Highly desirable business destination with unparalleled exposure
• Three street frontages with direct access to Concord Road and Parramatta Road
• Incredibly flexible Zoning E3 Productivity Support - allows for residential, retail & commercial uses
• Long term potential to value-add, reposition or redevelop
• Attractive net lease with tenant responsible for all outgoings
The property will be offered for sale via Expressions of Interest, closing Wednesday 28 February 2024 at 3:00pm.
For more information, please contact the exclusive agents.
*Approx.
Remember to mention you found this property on CommercialReady
153-165 Parramatta Road, North Strathfield, NSW, 2137
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
