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Under Contract

345-347 Oxford Street, Paddington

AUCTION

Westpac Bank Paddo's Best Retail Investment

First time offered in over 15 years.
Leased to Dec. 2018 to blue chip tenant.
Occupied by Westpac for over 20 years.
2 x 5 year options extending to 2028.
Fixed 5% annual increases - $366,501 net in 2018.
Landmark building with dual street access.
10m frontage to Oxford Street.
Building area 268m2 (approx) plus onsite parking.
Tenant pays all outgoings as per lease.
Current Net Income (as at 12-12-13): $301,521 pa (approx) + GST.

Auction: Tuesday 29th October @ 2:00pm (unless sold prior)
Venue 50 Margaret St, Sydney
Allan Levy 0400 999 888

Details

Address 345-347 Oxford Street, Paddington
Price AUCTION
Property Type Commercial
Property ID 209
Category Retail, Offices
Floor Area 305 m2

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Allan Levy

0400 999 888