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Description
THE OPPORTUNITY
Secure a blue‑chip, strata‑titled retail asset at the very heart of Rhodes’ high‑growth transport and lifestyle hub. Positioned directly between Rhodes Station and Rhodes Waterside Shopping Centre, the property captures constant pedestrian traffic from commuters, residents and shoppers alike.
INVESTMENT HIGHLIGHTS
• 5‑Year Net Lease + 5‑Year Option – Commenced 21 Oct 2021, expiring 20 Oct 2026 with fixed 4 % annual reviews.
• Strong Cash Flow – $181,890 pa* net income (tenant pays 100 % of outgoings).
• Established Korean Restaurant Tenant – Proven local operator; fully fitted commercial kitchen, grease trap & exhaust in place.
• Modern Mixed‑Use Complex (completed 2013) – 228 residential apartments above four ground‑floor commercial lots.
• 133 m² Lettable Area + 1 Secure Car Space & Storage* – Rare on‑title parking within Rhodes peninsula.
• Irreplaceable Location – 240 m to Rhodes Station (T9 Northern Line) & 300 m to IKEA‑anchored Rhodes Waterside.
• Dynamic Catchment – 11,000+ residents (median age 32) with ongoing apartment pipeline and the Rhodes East Priority Precinct earmarked for further growth.
• MU1 Mixed‑Use Zoning – Broad future‑use flexibility (retail, medical, office) STCA.
*Approximate. All figures include GST unless otherwise stated.
LOCATION BENEFITS
• Transport: 3‑minute walk to Rhodes Station – 20 min rail commute to Sydney CBD; rapid road access via Homebush Bay Dr & M4.
• Retail / Lifestyle: Walk to Rhodes Waterside, Rhodes Central, waterfront parks, cafés and gyms.
• Demographics: High‑income, multicultural young‑professional population driving strong food‑and‑beverage demand.
SALE PROCESS
• Method: Private Treaty – Price on application.
• Inspections: By prior appointment only.
CONTACT EXCLUSIVE AGENTS
Jimmy Chen 0426 729 468 jimmy.c@crowncre.com.au
Bryan Sun 0400 573 188 bryan.s@crowncre.com.au
Jocelyn Qian 0452 235 888 jocelyn@crowncre.com.au
Crown Commercial & Real Estate
Suite 101, 15 Help Street, Chatswood NSW 2067
Disclaimer: The information above is supplied for general guidance only. Crown Commercial & Real Estate and its representatives believe the information to be accurate but do not guarantee it. Prospective purchasers should rely on their own enquiries and seek independent advice.
Property Id : 32239
Property Size: m2
Garages: 1
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