Sold by Private Sale: 1259 Sydney Road, Fawkner

Thursday 16 January 2020

SOLD AT PRIVATE SALE: 1259 SYDNEY ROAD, FAWKNER

 

Securely leased to a well-established business of over 40 years, 1259 Sydney Road, Fawkner was exclusively sold to a local investor for $3,050,000.

The Asset has an immediate NET income of $195,877 p.a. *, land area of 1,995 sqm*, building area of 1,655 sqm* and huge main road exposure with its 30.4 metres* frontage.

Within close proximity are all the multinational retailers including Kia, KFC, Krispy Kreme, Enzed, Ibis, Dan Murphys, Hungry Jacks, Coles, Kmart, Aldi, Officeworks.

 

*Approx.

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