These properties were auctioned at AuctionWorks today by various agencies.  An analysis of each transaction is below. For further details please contact Nicholas Archer on 0412 777 889 or nicholas.archer@propertyfox.com.au.

 

263 Darling Street, BALMAIN

Passed In For $5,775,000

Blue Chip investment within Balmain’s prime retail strip.

–          Land Area: 350 sqm approx.

–          Rent: $275,010 pa + GST approx.

 

773 Pacific Highway, GORDON

Sold for $3,450,000

Prime retail adjoining Gordon Arcade with 6 cars.

–          Land Area: 282.5 sqm approx. ($12,212 psqm approx.)

–          Net Income: $99,953 pa ex GST approx.

–          Yield: 2.90% approx.

 

6 Prosperity Parade, WARRIEWOOD

Passed In

Freestanding industrial building with 32 cars.

–          Building Area: 2,286 sqm approx.

–          Site Area: 2,680 sqm approx.

 

Shop 2 & 3/5-15 Orwell Street, POTTS POINT

Postponed

Leased investment with 2 cars.

–          Net Income: $80,400 pa + GST approx.

 

Shop 4/5-15 Orwell Street, POTTS POINT

Postponed

Fully fitted licensed café/restaurant. Includes premises liquor license and 1 car.

–          85sqm of approved outdoor seating.

–          Vacant Possession

 

343-347 Liverpool Road, STRATHFIELD

Sold Prior

Development opportunity comprised of two commercial or retail spaces.

–          NLA: 282 sqm approx.

–          Vacant Possession

 

Disclaimer: The content of this research has been derived, in part, from sources other than PropertyFox and may be based on assumptions. In passing this information on, PropertyFox does not warrant that such information or assumptions are accurate or correct. Areas, amounts, measurements, distances and all other numerical information are estimates only.