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Case Studies

52A Joseph Street, Lidcombe NSW

LEASED STANDALONE RETAIL PREMISES SALES ANALYSIS

Ray White Commercial NSW is pleased to announce this property has sold at auction for $1,880,000.

Highly sought-after location and offered for the first time in 42 years, free- standing retail premises situated on a site area of 221.5m2* with rear lane access.

Sale Analysis
Sale Price:$1,880,000
Sale Date:9 April 2019
Land Area:221.5sqm*
Annual Income:$29,704.92* inc GST
Zoning:B4 Mixed Use
FSR:5:1
Height Limit:32 metres
Potential GFA:1,107.5sqm*
$/sqm of Land:$8,488
$/sqm of GFA:$1,698
Purchaser:Private Entity
Sale Process:Public Auction
No. Of Enquiries:67

* Approx

Additonal highlights include:
• Site area of 221.5m2*
• Rear lane access via Armstrong’s Lane
• Four onsite car spaces
• Leased till 26 October 2019 to established tenant
• Passing rental of $29,704.92* per annum inc GST
• Zoned B4 Mixed Use
• Floor Space Ratio 5:1
• Height Of Building 32 metres
• Surrounded by established businesses
• 350* metres to Lidcombe Railway Station

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