Retail for Sale

Lot 13/70-72 Perouse Road Randwick, NSW 2031

For Sale Contact Agent
  • Building/Land: 127m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Randwick

Affordable Australia Post Investment

  • Building/Land: 127m²

RWC 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

Building:

127m²

Land:

127m² / 0.03 acres

Tenancy:

Vacant

Categories:

Retail, Showrooms/Bulky Goods, Medical/Consulting

Lot 13/70-72 Perouse Road, Randwick, NSW 2031
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