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23 Parklawn Pl 2,497 SF 100% Leased Retail Building North St Marys, NSW 2760 $1,223,053 ($489.76/SF)
Investment Highlights
- Freestanding freehold retail building
- Two retail shop tenancies on a single title
- Located within a neighbourhood shopping precinct
- Corner site with approximate land area of 393 sqm
- Zoned E1 Local Centre
Executive Summary
23 Parklawn Place, North St Marys NSW is offered for sale as a freestanding freehold commercial property located on a corner allotment within a local neighbourhood shopping precinct. The property has an approximate site area of 393 square metres and is improved with a single-level building of approximately 200 square metres.
The improvements comprise two retail shop tenancies held under one title. One tenancy is currently leased to an Asian market, with the lease expiring on 30 June 2025 and including a one-year option. The second tenancy is currently vacant. The building has been recently repainted internally and benefits from a street frontage of approximately 11.6 metres.
The property is zoned E1 Local Centre, permitting a range of retail and commercial uses, subject to council approval. It is located in proximity to local schools, public transport services, and the New St Marys Metro Station.
The improvements comprise two retail shop tenancies held under one title. One tenancy is currently leased to an Asian market, with the lease expiring on 30 June 2025 and including a one-year option. The second tenancy is currently vacant. The building has been recently repainted internally and benefits from a street frontage of approximately 11.6 metres.
The property is zoned E1 Local Centre, permitting a range of retail and commercial uses, subject to council approval. It is located in proximity to local schools, public transport services, and the New St Marys Metro Station.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,497 SF
Building Class
C
Price
$1,223,053
Price Per SF
$489.76
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.12 AC
Parking
4 Spaces (1.89 Spaces per 1,000 SF Leased)
Frontage
200’ on Parklawn Place
Amenities
- Signage
- Wheelchair Accessible
- Storage Space
- Recessed Lighting
- Monument Signage
- Air Conditioning
- Smoke Detector
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23 Parklawn Pl
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