Ray White Commercial SCF in conjunction with The Property Investor Alliance, are pleased to offer 38 Bankstown City Plaza, BANKSTOWN for sale via Public Auction. Introducing a trophy asset that epitomises opportunity - a distinguished commercial investment nestled in the vibrant Bankstown Central Business District. This standout property not only boasts an enviable location but also features a secure lease with a reputable Asian supermarket on the ground floor, ensuring a steady income stream. With the first floor currently vacant, this investment offers considerable growth potential for development or leasing options. Key Property Highlights - Zoned E2: Commercial Centre - Opportunity for simultaneous investment and occupy - Gross Lettable Area (GLA) 1,308sqm* - Site Area: 654sqm* - Positioned within one of the largest cities in Sydney's southwest, guaranteeing high foot traffic and visibility. - Secure Tenant: Ground floor leased to a grocery store, with a lease term running until October 2028 plus an additional 5-year option. - Holding Passing Income: $300,000 - Development Potential** - Proximity to M5: Less than 1 km from the M5 Motorway, providing seamless connectivity to key commercial hubs. - Public Transport: Close to Bankstown train station and bus stops - Local Amenities: Nearby cafes, restaurants, and retail outlets for convenience. This is a rare opportunity to acquire a well-positioned commercial property with a reliable income stream and significant potential for growth. Don't miss out on this exceptional investment! This property will be available to every Tuesday, Thursday & Saturday starting 11th March 2025, see inspection times below: Tuesday 1:30pm-2pm Thursday 10am-10:30am Saturday 10:30am-11am 38 Bankstown City Plaza, Bankstown is being offered for sale via Public Auction, onsite Tuesday 8th April 2025 3:30pm. (AEDT) For more information or to arrange an inspection, please get in touch with the agents below: Shirley (Wei Wei) Huang The Property Sales Manager Property Investor Alliance 0402 368 168 Kamal Silwal Director RWC Sydney City Fringe 0430 322 459 * Approximate ** Subject to Council Approval
The Property Investors Alliance - Sydney Olympic Park
2 Australia Ave, Sydney-Olympic-Park, NSW
Property ID: 504809448