A superb opportunity to purchase a retail asset with rock solid long term tenants and future upside.
Area: 134sqm plus 2 parking spaces
A single strata leased to 2 long term tenants who both have existing 5 + 5 year leases
Inspection Details: Mondays by appointment
Auction Date:Thursday the 27th of August 2015
Auction Rooms:Commercial Real Estate Auction Centre
Mezzanine Level, 50 Margaret Street, Sydney (Close to Wynyard Station)
Auction Time: Commencing at 10.30am auction order to be advised during campaign
For an information memorandum or if you have any further details please don't hesitate to contact Rick or Tom Doran
Tom Doran
Associate Director
Retail Sales & Leasing
Project Marketing & Development Sites
m 0407 928 324
e tom@dorancommercial.com.au
Rick Doran
B.Comm Marketing (UNSW) JP, L.R.E.A.
Commercial Sales Director
m 0408 674 623
e rick@dorancommercial.com.au
The size of Artarmon is approximately 2.5 square kilometres. There are 11 parks, covering nearly 7.7% of the total area. The population of Artarmon in 2016 was 9523 people. By 2021 the population was 9417 showing a population decline of 1.1% in the area during that time. The predominant age group in Artarmon is 30-39 years. Households in Artarmon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Artarmon work in a professional occupation.In 2021, 47.60% of the homes in Artarmon were owner-occupied compared with 47.90% in 2016.
Artarmon has 5,326 properties. Over the last 5 years, Houses in Artarmon have seen a 7.41% increase in median value, while Units have seen a 8.48% increase. As at 31 July 2026:
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