• Anthony Romano
  • Olsen Romano Estate Agents

For Sale

Sold by Anthony Romano & Cassandra Romano

50 Frenchmans Road, Randwick, NSW 2031

  • Retail
  • Showrooms/Bulky Goods
  • Medical/Consulting

Last updated: 29th November 2023

Listing ID: 74416

  • 1 Parking spaces
  • 150.0m2 Floor area

Sold at Auction by Anthony ROMANO & Cassandra ROMANO

Available for the first time in over 43 years, this immaculate property presents a rare chance for investors to secure scarce retail space in one of the Sydney's most prestigious districts immune from adverse economic conditions.

Features Include

- Spanning over 2 levels
- Outdoor courtyard and car-space accessible via Rear Lane
- 2 Bathrooms, multiple cool rooms
- Leased until 2027 with a further 5-year option.
- Current rental return of $106,000 per annum
- Tenants pay 100% Council Rates, Water Rates

A rare and wonderful opportunity to acquire the perfect Torrens title investment where capital gains are assured.

WalkScore®

This property is very walkable with most errands able to be accomplished on foot. Great for getting chores done over lunchtime. Seek out the lunch and coffee options close by. There is good transit available from here with many nearby public transportation options.

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  • Anthony Romano
  • Olsen Romano Estate Agents
  • Anthony Romano
  • Olsen Romano Estate Agents
  • Cassandra Romano
  • Olsen Romano Estate Agents