1, 13-17 Cope Street, Redfern, NSW 2016

Retail | Offices

Sold $650,000

  • Property ID: 443114
  • Floor Area: 46m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 25/10/2024 46m2 N/A $725,000
Tenanted Investment/Retail Space

RWC South Sydney is pleased to present to the market this boutique office/retail space in the heart of Redfern, one of Sydney's most sought-after city fringe suburbs. Currently tenanted by Fade Laser Tattoo Removal, this property is offered For Sale via Private Treaty.

Located within walking distance to Redfern and Central Stations, this property offers unparalleled convenience and connectivity. The internal layout features an open rectangular space providing a blank canvas for future reconfiguration to suit various business needs.

Redfern has evolved into a thriving, eclectic, and creative hub, drawing on its proximity to major employment clusters like the University of Sydney, Royal Prince Alfred Hospital, and South Eveleigh (formerly Australian Technology Park), which have contributed to a revitalisation of the region over the years.

Tenanted investment
• 3x3 year lease commencing 7th October 2024
• $48000 + gst Tenant pays 100% outgoings + 5% increases
• Tenant Fade laser Tattoo Removal Pty Ltd

Additional highlights of the asset include:
• Additional storage on title
• Floor area - 46 sqm*
• 180 m* to Redfern Park
• 900 m* to Redfern Station
• 1.1 km* to Central Station
• 2 km* to Sydney CBD
• Off Street secure parking with internal access

*Approx

Redfern Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $142 ---
Offices $10769 $606 5.62%
Retail --- $338 ---
This is the average advertised price, rent and yield for Redfern, NSW 2016*

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.
Tools

  Ray White Commercial - South Sydney

 

View Agency Profile

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×