Retail

Casba Danks Street, Waterloo

18 Danks Street Waterloo, NSW Australia 2017
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description

JLL & IB property are pleased to present Casba at 18 Danks Street, Waterloo.


A retail investment opportunity in the heart of one of Sydney's most sought-after lifestyle and homewares precincts.

Investment Highlights

Key investment highlights include:


  • A fully leased, multiple award winning retail investment underpinned by long-established tenants
  • Resilient luxury homewares destination that combines strong cashflow with potential strata upside for astute investors 
  • Net lettable area of 1,843 sqm including 242 sqm external, nine individual lots plus parking for 52 vehicles 
  • Long term leases with premium homewares tenants with over 217 years of combined history and trading experience 
  • Passing net income of $957,684 per annum plus GST; 3.75% average annual increases
  • WALE is 4.3 years by income as at 1 February 2021


For Sale by way of Expressions of Interest closing at 3pm (AEDT) Tuesday 9th March, 2021.


For further information, please contact the Exclusive Selling Agents.

Last Updated Date: 03 Mar 2021
James Aroney
James Aroney
Director, Sales & Investments - NSW
Mitch Noonan
Director

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Last Updated Date: 03 Mar 2021

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