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218 Lyons Road Russell Lea

Photos
Floorplan

INVEST IN VIBRANT LOCAL RETAIL HUB

COVID-19 ALERT. If you wish to inspect the property, you must register your attendance so we can ensure all COVID-19 health guidelines are adhered to. Our team are practicing good hygiene measures including carrying personal hand sanitiser and self-quarantining if they are unwell. If you are attending an inspection, we remind you to:
+ Wash your hands regularly, and sanitise prior to entry and exit.
+ Social distance yourself when inside the property.
+ Avoid touching surfaces and then touching your eyes, nose or mouth. We will open all doors and draws within the property to minimize the risk.
+ Cover your mouth and nose when coughing or sneezing.
+ If you have travelled from overseas, we ask that you self-isolate for the first 14 days on return to Australia.

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Set between Drummoyne and Five Dock on the high traffic Lyons Road, this traditional two-storey commercial terrace offers a rare opportunity to invest in an established retail hub in an evolving Inner West location. Currently tenanted by Crust, this property is ideally positioned to gain maximum exposure to passing traffic and service the local residential community. Offering a solid return on the current 5 + 5 year lease, there’s also potential to further capitalise on the 143sqm site (STCA).

+ Information Memorandum available upon request

+ High visibility Lyons Road position with consistent traffic flow and bus at doorstep

+ Local retail hub servicing established residential suburbs of Russell Lea & Drummoyne

+ Currently tenanted by Crust on a 5 year lease to December 2021 plus a 5 year option

+ 143sqm site with approx 5.2m frontage and side access from Hampden Road to parking / rear access

+ Approx 40sqm open plan commercial stainless steel kitchen with tiled floors & servery

+ Front customer service and seating area with café windows and bi-fold doors to street

+ Generous 12sqm cold room, prep area with sink & external access to rear storeroom

+ Central staircase to upper level with two offices, staff cloakroom & modern washroom

+ Wide front awning provides shelter for pavement diners and high exposure signage

+ Bustling retail strip includes Love Crepe, Zeus, Chargrill Charlie’s, Ocean Foods, eateries, hair and
beauty, pharmacy, services and The Birkenhead Hotel

+ Changing demographic with extensive new apartment developments nearby

+ Established since 2001, Crust is part of the Retail Food Group (RFG), Australia’s largest multi-brand retail food franchise operator.

INVEST IN VIBRANT LOCAL RETAIL HUB

COVID-19 ALERT. If you wish to inspect the property, you must register your attendance so we can ensure all COVID-19 health guidelines are adhered to. Our team are practicing good hygiene measures including carrying personal hand sanitiser and self-quarantining if they are unwell. If you are attending an inspection, we remind you to:
+ Wash your hands regularly, and sanitise prior to entry and exit.
+ Social distance yourself when inside the property.
+ Avoid touching surfaces and then touching your eyes, nose or mouth. We will open all doors and draws within the property to minimize the risk.
+ Cover your mouth and nose when coughing or sneezing.
+ If you have travelled from overseas, we ask that you self-isolate for the first 14 days on return to Australia.

***************************************

Set between Drummoyne and Five Dock on the high traffic Lyons Road, this traditional two-storey commercial terrace offers a rare opportunity to invest in an established retail hub in an evolving Inner West location. Currently tenanted by Crust, this property is ideally positioned to gain maximum exposure to passing traffic and service the local residential community. Offering a solid return on the current 5 + 5 year lease, there’s also potential to further capitalise on the 143sqm site (STCA).

+ Information Memorandum available upon request

+ High visibility Lyons Road position with consistent traffic flow and bus at doorstep

+ Local retail hub servicing established residential suburbs of Russell Lea & Drummoyne

+ Currently tenanted by Crust on a 5 year lease to December 2021 plus a 5 year option

+ 143sqm site with approx 5.2m frontage and side access from Hampden Road to parking / rear access

+ Approx 40sqm open plan commercial stainless steel kitchen with tiled floors & servery

+ Front customer service and seating area with café windows and bi-fold doors to street

+ Generous 12sqm cold room, prep area with sink & external access to rear storeroom

+ Central staircase to upper level with two offices, staff cloakroom & modern washroom

+ Wide front awning provides shelter for pavement diners and high exposure signage

+ Bustling retail strip includes Love Crepe, Zeus, Chargrill Charlie’s, Ocean Foods, eateries, hair and
beauty, pharmacy, services and The Birkenhead Hotel

+ Changing demographic with extensive new apartment developments nearby

+ Established since 2001, Crust is part of the Retail Food Group (RFG), Australia’s largest multi-brand retail food franchise operator.

Auction

Retail/Shops
2
Parking
Roger Mickhail Property
02 9713 5900
Roger Mickhail
0414 650 048
Property ID
0000428820
Land Area (approx)
196 sqm
Building Size (approx)
143 sqm
Auction
Tuesday, 31 Mar 10:30 AM
Venue
Auction Works, Mezzanine Level, 50 Margaret Street, Sydney

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