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61-71 Queen St 4,316 SF Retail Condo Unit in Auburn, NSW 2144
Investment Highlights
- Zoned E1 Local Centre, supporting long-term growth and flexibility
- Prime location near Auburn Central, Auburn Station, and major arterial roads
- Situated in a high-density residential catchment with strong demand drivers
Property Facts
| Total Building Size | 203,513 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 101,757 SF |
| Property Subtype | Apartment | Year Built | 2018 |
| Building Class | C |
| Total Building Size | 203,513 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 12 |
| Typical Floor Size | 101,757 SF |
| Year Built | 2018 |
1 Unit Available
Unit 1
| Unit Size | 4,316 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 4,316 SF |
| Condo Use | Retail |
| Sale Type | Investment |
Description
This is a rare opportunity to acquire a secure, income-generating commercial investment in the thriving heart of Auburn. The property consists of five ground-floor retail strata lots totaling 401 sqm, complemented by 27 on-title car spaces and seven storage cages.
Sale Notes
Fully leased to Snap Fitness, a well-established national fitness operator, the asset offers a new 10-year lease term through August 2035, with options and annual 4% rent increases, ensuring long-term income stability and growth.
Strategically positioned on the northern side of Queen Street, the property benefits from exceptional connectivity and visibility. It is just 350 meters from Auburn Central Shopping Mall and Auburn Railway Station, providing strong pedestrian and vehicular traffic. The location is only 6 km from Parramatta CBD and 17 km from Sydney CBD, with seamless access to major arterial routes including Parramatta Road, St Hilliers Road, and the M4 Motorway. The surrounding high-density residential catchment and proximity to key employment hubs further enhance the property’s investment appeal.
With a gross annual income of $240,600 and net income of approximately $213,543, this asset combines strong fundamentals with a prime location in a high-demand growth corridor. Zoned E1 Local Centre under the Cumberland LEP 2021, the property offers excellent long-term prospects for investors seeking a stable, well-leased commercial holding in one of Sydney’s most dynamic suburban markets.
+2 More
Reception area
Open layout retail
Natural lighting
Snap fitness
Rubber flooring
Floor plan
Break area room
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61-71 Queen St
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