Burgess Rawson is pleased to offer to the market the ‘Audi Sutherland Commercial Centre’ located at 668-672 Old Princes Highway, Sutherland (Sydney) NSW for sale via Expressions of Interest. This opportunity has the following key highlights: + Anchored by subsidiary of ASX listed Autosports Group Ltd (ASX: ASG) with a market capitalisation in excess of $370 million and 75+ locations + Sydney Sutherland Shire freehold with circa 50% of income underpinned by Audi who have been in occupation for 18+ years + Multi-level immaculate showroom and commercial centre with 2,569sqm* of lettable area + Valuable on-grade and secure underground parking for 64 vehicles + Desirable mix of CPI and fixed 3% annual rent increases + Strategic 1,814sqm* corner landholding, ideal major highway location on Old Princes Highway with exposure to 49,000+ vehicles passing daily + Value add opportunity with favourable 3.5:1 FSR and a total building permitted height limit of 30m* (STCA) + Ideally located amongst Sutherland’s major commercial, social infrastructure and government precinct, 1km* to Sutherland train station, 30km* to Sydney CBD. + Sutherland: Prestigious south Sydney location, Sydney LGA with GRP of $14.18b and a total population of 240,000 people + Net Income $1,037,059 pa* + GST For further information, please contact the exclusive listing agents at Burgess Rawson For Sale via Expressions of Interest Closing 3pm AEST 21 May 2025 Please contact the exclusively appointed sales team for more information
Consulta por e-mail para Burgess Rawson - Sydney
Propriedade ID: 504836892
Original Propriedade ID: 504836892