Westpac/St George ASX Listed Banking Giant Located in Thriving Sydney Retail Hub
475-477 Princes Highway, Rockdale NSW 2216
Contact Agent
RetailSize: n/a
Block size: 391 m² approx.
Burgess Rawson is pleased to offer to market this Westpac/St George anchored investment at 475-477 Princes Highway, Rockdale NSW for sale via Private Treaty.
The property has the following key investment highlights:
+ Rare dual bank branch freehold anchored by Westpac & St George
+ Renewed 5 year net lease to Westpac to 2029
+ Westpac: top 5 ASX listed company (ASX: WBC) serving 12.7 million customers, with a market capitalisation of $90.55b**
+ In 2008 St George became part of the Westpac group and remains one of Australia's leading retail and business banking brands
+ Long established Westpac featuring recent high-quality fit out & newly introduced St George
+ Strategic retail hub close to Rockdale Station & national brands including Australia Post, Commonwealth Bank, Anaconda, First Choice Liquor & Supercheap Auto
+ Two first floor self-contained offices with direct street access, providing additional income
+ Easily accessed via main arterials including the Princes Highway & M1, plus close to Sydney Airport
+ Rockdale: South Sydney suburb within Bayside LGA supporting over 191,385 residents^
+ Net Income: $199,904 pa* + GST
To be sold via Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx
**ASX: As of 26/02/2024
^forecast.id.com.au
The property has the following key investment highlights:
+ Rare dual bank branch freehold anchored by Westpac & St George
+ Renewed 5 year net lease to Westpac to 2029
+ Westpac: top 5 ASX listed company (ASX: WBC) serving 12.7 million customers, with a market capitalisation of $90.55b**
+ In 2008 St George became part of the Westpac group and remains one of Australia's leading retail and business banking brands
+ Long established Westpac featuring recent high-quality fit out & newly introduced St George
+ Strategic retail hub close to Rockdale Station & national brands including Australia Post, Commonwealth Bank, Anaconda, First Choice Liquor & Supercheap Auto
+ Two first floor self-contained offices with direct street access, providing additional income
+ Easily accessed via main arterials including the Princes Highway & M1, plus close to Sydney Airport
+ Rockdale: South Sydney suburb within Bayside LGA supporting over 191,385 residents^
+ Net Income: $199,904 pa* + GST
To be sold via Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx
**ASX: As of 26/02/2024
^forecast.id.com.au
Inspections
No open inspections scheduled.
Send an enquiry
Contact Darren Beehag to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
391 m²*
Other Details
Lot:
1
Plan Type:
DP
Plan:
133058
Legal description:
1/133058
Maps and area information
Block information
Block size: 391m² (approx)
Legal description: 1/133058
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Rockdale suburb information
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SummaryMedian sales
Average Age
34 years
Population
15,475
Listing ID: 182330464. This listing has been viewed 2 times. It was first displayed on 27/02/2024 and last updated on 18/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.