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SOLD

230 Beamish Street, Campsie, NSW, 2194

Properties / Sold / New South Wales / Campsie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Land Area

544 m² (*approx)

Floor Area

315 m² (*approx)

Property Type

Retail

Terms

ANZ Bank: 20-year lease to Sep-26 plus option to extend until 2029

Est. Income

$167,943 p/a

Fully Leased

ANZ Bank

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2. Property Highlights

Blue-chip Investment in a Tightly Held Location

Home to ANZ for over 50 years
Net lease structure
In the heart of Beamish Street retail

Colliers is pleased to present for sale 230 Beamish Street, a blue-chip investment located in the heart of Campsie along the vibrant and tightly held Beamish Street with brand new lease to major ASX tenant ANZ Bank, one of the big major institutions in Australia.

Investment Highlights:

• Blue-chip retail investment in Sydney’s booming Inner West

• 100% leased to major ASX tenant ANZ Bank with new 3-year lease.

• Only 200m* from Campsie railway station.

• Site Area: 544m²*, Building Area: 355m²*

• ANZ Bank: 20-year lease to Sep-26 plus option to extend until 2029. Home to ANZ for over 50 years.

• Value-add potential including rental reversion and future development upside (STCA) on B2 Local Centre zoning.

• Current Net Income: $167,943 per annum + GST (as at Sep-23)

• Banks are considered safe & defensive assets due to their expensive fit-outs and blue-chip tenants that provide essential services.

Colliers exclusively offer 230 Beamish Street, Campsie for sale by way of Public Auction on Thursday, 20 June at 10:30am at Cooley CBD Auction Centre, Level 5, One Margaret Street, Sydney.

*Approx.

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