Address: 7 Glen Street, Eastwood NSW
Property Overview
A rare and secure investment within the sought-after Eastwood Central I, this expansive ground-floor strata property presents a premium retail opportunity in one of Sydney’s most vibrant suburban centres.
Currently leased to a long-established Chinese restaurant, the property provides stable income and excellent long-term growth prospects.
Key Features
• Spacious Layout: Approx. 194sqm internal area plus 4 secure car spaces
• Current Lease: 8 years (1 Feb 2019 – 31 Jan 2027) with an 8-year renewal option
• Income: $190,000 + GST per annum (approx. $15,833 + GST per month)
• Annual Increases: Fixed at 3.5%
• Tenant Outgoings: 100% payable by tenant (including strata, council, water, electricity, and cleaning)
• Outgoings (approx. p.a.):
• Council Rates: $4,441
• Strata: $25,776
• Water: $8,820
Property Highlights
• Striking 6m ceiling height and full-height glass frontage
• Excellent exposure to both pedestrian and vehicular traffic
• Natural light-filled interiors with strong street presence
• High-traffic position adjacent to Eastwood Town Centre and major supermarkets
• Easy access to council parking, Eastwood Station, schools, and parks
Investment Appeal
This quality commercial asset combines security, growth, and location. With a proven tenant and full outgoing recovery, it offers an exceptional opportunity to acquire a premium Eastwood retail investment with strong long-term potential.
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