Penrith, NSW 2750

Retail

Sold $425,000

  • Property ID: 407073
  • Floor Area: 69m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 69m2 N/A N/A
SOLD - 69sqm (approx) Tenanted Investment - Penrith CBD

The subject property is a ground floor shop located in the popular Broadwalk Arcade and features the following:
- 69sqm (approx) floor area
- Tenant has just exercised their option period for a 5 year lease term
- Generating a net return of $21,225 Exc GST (approx) from August 2022
- 5% net yield approx
- Annual rental increases fixed at CPI
- Independent air conditioning system
- Walk to Westfield and Penrith Railway Station
- Own amenities and kitchenette
- Multi-level Council car park at the rear of the arcade

Please contact the exclusive agent for further information

Penrith Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $336 ---
Industrial $5008 $226 4.52%
Offices --- $366 ---
This is the average advertised price, rent and yield for Penrith, NSW 2750*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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