Three modern retail shops in-one-line within the heart of Mascot
On behalf of Receivers and Managers appointed, JLL is pleased to offer Shops 1-3, 260 Coward Street, Mascot For Sale in-one-line by way of Expressions of Interest closing 4pm (AEDT) Tuesday 14th November 2023.
Situated within the recently completed ‘East Square’ project which is home to 187 apartments, this opportunity boasts superb optionality for owner occupiers and investors alike. These three modern ground floor stratum titled, retail shops are available for sale in-one-line. Two of the three premises are leased, presenting the ability to capitalise on the existing improvements, value-add, lease or owner occupy.
Investment highlights include:
- Three modern ground floor stratum titled retail shops in-one-line, perfectly positioned in a high-density mixed use precinct
- Highly versatile and flexible retail shops with huge market appeal, providing areas from 179 sqm*, 203 sqm* and 321 sqm*, totalling 703 sqm*
- Featuring 9 on-site security parking spaces on-title and direct access to customer/visitor parking
- Two fully leased premises and one offered with vacant possession
- Ideal positioning with street frontages to Coward Street and benefits from a pedestrian through link
- 350 metre* stroll to Mascot Train Station providing direct services to Sydney Airport and Sydney CBD
- Strategic investment opportunity with strong rental upside, and value-add potential, perfect for owner occupiers and investors alike
- Favourable lease terms, fixed annual rent increases and the tenants are responsible for their proportionate share of outgoings
- Perfectly located to leverage substantial customer demand from the adjoining Meriton Retail Precinct – Mascot Central which is anchored by Woolworths, BWS amongst 27 other specialty stores
- Premium location within the Mascot which has recently undergone neighbourhood transformation, with the South Sydney region set to be further enhanced by the Green Square revitalisation
* Approximate only
260 Coward Street, Mascot is For Sale in-one-line by Expressions of Interest, closing 4pm (AEDT) Tuesday 14th November 2023.
All enquiries, access to the due diligence dataroom, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
