Stonebridge is pleased to present Commonwealth Bank Mortdale (Sydney) for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEST).

The asset has the following key investment features:

• 3 year net lease to 2026 with no options & CPI annual rent increases
• Modern retail asset with rare opportunity to occupy, reposition or redevelop
• Commonwealth Bank – $197B ASX-listed banking giant, with 1,110+ branches and servicing 25% of all home loans nationally
• Prime 566 sqm* landholding with favourable E1 Local Centre Zoning allowing 1.5:1 FSR and 15m height limit, plus dual access via rear laneway
• Strategic location neighbouring strong-performing IGA supermarket and positioned 160m* to Mortdale train station (1,600+ commuters daily)
• 15m+ street frontage to thriving commercial strip hosting national retailers including BWS, Subway, Chemist Warehouse and Australian Post
• Convenient retail position 1,500m* to key arterial Kings Georges Road (43,000+ vehicles daily)
• Mortdale – Rapidly expanding south-Sydney locale hosting $87m development pipeline, with catchment set to boom 20% by 37,000 to 2041
• Proposed Mortdale Master Plan will provide additional 578+ dwellings with 23,896 sqm* of commercial space, plus significant increases to maximum building height limits
• Tenant pays usual outgoings including land tax, rates, insurance and general repairs & maintenance
• Net Income $130,977 pa* + GST

*Approximately

Commonwealth Bank Mortdale (Sydney) is for sale via Expressions of Interest closing Thursday 18 April at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.