Stonebridge and Colliers International are pleased to present for sale 300 Parramatta Road, Auburn, a premium large format retail investment located at the geographic heart of Sydney.
The key highlights of the opportunity include:
- 5 premium tenancies featuring Officeworks, BCF and Decathlon
- $11 million* redevelopment in 2018
- 8.0 year WALE* by income
- 727,350 people in the Primary Catchment, forecast to grow at 2% p.a. to 2026^
- 1.8 hectare* high exposure corner site with 10.4 million* vehicles passing annually
- 135 metre* frontage to Parramatta Road + 340* car spaces
- $2.5 million* p.a. fully leased NOI + annual reviews
*Approximate ^Location IQ
300 Parramatta Road, Auburn is for sale by Expressions of Interest closing 4PM (AEDT) Thursday 21 November 2019.
For further information please contact the Exclusive Selling Agents Philip Gartland on +61 403 582 324 or Carl Molony on +61 439 032 028.