55E Eton Street, Sutherland, NSW 2232

Ray White Commercial (SC) is pleased to present to the market a rare opportunity to acquire a unique, entry level Torrens titled commercial asset with benefit for the incoming purchaser to have the ability to invest or occupy. The property, located in the heart of the Sutherland Town Centre at 55E Eton Street, Sutherland will be offered for sale via Auction on Wednesday, 11th December 2024.

This asset occupies approximately 85 square metres of area and currently houses a barber shop. Strategically positioned along the highly trafficked retail strip of Eton Street, the asset benefits from exceptional visibility and exposure. The site additionally enjoys its proximity to the busy Sutherland Station that sees over 3,277,700 passengers per year^ enter and exit.

Additional highlights of the asset include: 

• Site area - 85 sqm*
• Prime corner location along Eton Street offering significant retail visibility and foot traffic
• Potential for various uses with the property being offered with Vacant Possession or as a Tenanted Investment
• Tenant is on a Month-to-Month lease, returning an annualised income of $41,454.55* plus GST - under rented at $812.83 per square metre*
• The property offers significant rental reversion potential, with current retail market rents in the area reaching approximately $1,100 per square metre
• Zoned: E2 - Commercial Core
• FSR: 3.5:1
• Height: 30m
• Neighbouring nationally and internationally recognised tenants including IGA, Dominos, Coles and Liquourland
• Grease trap located at the rear of the property
• Surrounded by a plethora of free Council Street Parking
• 50m* to Sutherland Public School
• 100m* to Cornerhouse Sutherland residential and commercial Development
• 160m* to Boyles Sutherland Hotel
• 350m* to Sutherland Station that benefits from over 3,277,700 passengers per year^
• 350m* to St Patrick's College Sutherland

55E Eton Street, Sutherland is offered for sale via Auction on Wednesday, 11th December 2024 at 10:00am (AEDT). The Auction will be held at Ray White Head Office, Level 7, 44 Martin Place, Sydney NSW 2000.

For further information, please contact the exclusive selling agent below.

* Approximately
^2023 Sydney Trains, NSW TrainLink