Contact the agent if you'd like further information.
Retail for Sale in Randwick
Affordable Australia Post Investment
- Building/Land: 127m²
Next Steps:
Enquire with agentRWC Sydney City Fringe and RWC Eastern Suburbs are pleased to offer Lot 13, 70-72 Perouse Road, Randwick, for sale.
This high profile property has been occupied by Australia Post for more than a decade. It boasts a wide retail frontage and benefits from a large amount of passing foot and vehicle traffic. Internally the Australia Post fit out comprises a customer service centre and counter, mail room and package distribution areas, back-of-house and private post box area accessed via separate entry on Perouse Road.
Key Property Highlights:
- Long established lease to Australian Postal Corporation
- Retail Area: 127sqm*
- Parking Area: 28sqm*
- Total Strata Area: 155sqm*
- Leased investment generating a Annual Net Income of $108,500 + GST
- Renewed 3-year lease from Dec 2024, plus 2 further option terms of 3 years each
- Annual CPI rent increases (next increase Dec 2025)
- Attractive net lease - tenant pays 100% outgoings (Council, Water, Strata Levies)
- Established and super busy Australia Post Office
- Prime retail position with high foot & vehicle traffic
- Randwick: One of Sydney's most desirable suburbs - projected growth of 30,500* people by 2041
Lot 13, 70-72 Perouse Road, Randwick, for sale via private treaty.
For more information or to arrange an inspection, please get in touch with the sales agents below:
Kristian Morris | 0411 415 297
Principal & Licensee in Charge
RWC Sydney City Fringe
Grant Whiteman | 0418 244 566
Director
RWC Eastern Suburbs
Zac Melamed | 0452 008 887
Sales & Leasing Associate
RWC Sydney City Fringe
*approximately
127m²
127m² / 0.03 acres
Vacant
Retail, Showrooms/Bulky Goods, Medical/Consulting
Next Steps:
Enquire with agentAgents
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