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SOLD

220-222 Beamish Street, Campsie, NSW, 2194

Properties / Sold / New South Wales / Campsie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Land Area

582 m² (*approx)

Floor Area

395 m² (*approx)

Property Type

Retail, Offices

Terms

NAB: 3-year lease to April 2025 plus options extending until April 2034 Campsie Pharmacy: new 10-year lease to 2033 plus options extending until 20243

Est. Income

$206,732 p/a

Fully Leased

NAB & Campsie Pharmacy

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2. Property Highlights

BLUE CHIP RETAIL INVESTMENT

Secure & blue-chip tenants
Long-term leases
Tightly held Beamish Street

Colliers is pleased to offer for sale a trophy Sydney’s Inner West retail & medical investment located in the heart of Campsie on the bustling and very tightly held Beamish Street.

A prime retail & medical freehold investment located on a very busy corner position along the vibrant and tightly held Beamish Street, Campsie with secure leases to blue-chip tenant NAB & Campsie Pharmacy.

Investment Highlights:

• Blue-chip retail & medical investment in Sydney’s thriving Inner West

• 100% leased to secure and blue-chip tenants NAB & Campsie Pharmacy on long-term leases

• Prime corner position on the vibrant and tightly held Beamish Street with excellent exposure and only 150m* from railway station.

• Site area: 572.38m²* , building area: 395m²*

• NAB: 3-year lease to April 2025 plus options extending until April 2034

• Campsie Pharmacy: new 10-year lease to 2033 plus options extending until 2043

• Net Income: $206,731.93 per annum + GST (as at April 2024)

• Banks and pharmacies are considered safe & defensive assets due to their expensive fit out and blue chip tenants providing essential services.

220-222 Beamish Street, Campsie will be for sale by Public Auction on Thursday 2 May 2024 at Colliers Sydney Head Office, Level 30/225 George Street, Sydney NSW 2000.

*Approx.

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