Past Sales by Raymond

610-612A Darling Street , Rozelle, NSW

Attractive Corner Block in the heart of Rozelle

Sold at auction $5,300,000 on 30 June 2016
 

  • 3 adjoining terraces to be sold in one line
  • 3 retail shops enjoying excellent exposure
  • Corner of Nelson with 15.85M frontage on Darling
  • 3 residential flats with steady rental income
  • Fully leased with a gross income of approximately $249,440 pa + GST
  • Total land area approximately 493 sqm
  • About 150 M from Rozelle weekend markets

Raymond Hung 0419 223 895 or email ray@raymondhungre.com.au

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Shops 1 & 2, 31-37 Dixon Street , Haymarket, NSW

Prominent Retail Shops in Sydney Chinatown Pedestrian Street

2 adjacent ground floor strata retail properties offered in one line.  Both with solid rental income and long leases.
Located next to iconic landmark in the heart of Chinatown, close to Darling Harbour behind the new Darling Square development.

Shop 1

  • Approx. 52 sqm at the corner of Dixon Street and Factory Lane
  • Leased to Dixon Café for a rent of $173,056 pa+GST
  • Current lease expires 24 Nov 2018, tenant has one 5-year option
  • Another 21 sqm storeroom on title on basement level leased to Shop 2 tenant for $2,400 pa+GST
Shop 2
  • Approx. 303 sqm with wide frontage on Dixon Street
  • Leased to Golden Harbour Restaurant for a rent of $465,600 pa+GST
  • Current lease expires on 13 Aug 2018, tenant has two 5-year options
  • Exclusive use of 2 car parking spaces and storage areas in basement

Auction Thursday 10 March 2016
  
* SOLD PRIOR TO AUCTION *

For more information, please contact
Raymond Hung on 0419 223 895 or email ray@raymondhungre.com.au

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396-398 Beamish Street , Campsie, NSW

Potential boutique development site (STCA) in Campsie

This site has a total area of approximately 645 sqm located close to the shopping precinct of Campsie. 

  • There are bus stops at the front and opposite the road
  • Campsie train station is about 750 metres away
  • Woolworths, Campsie Centre and Canterbury Hospital all within 600 metres
  • The property is zoned B2-Local Centre.
  • According to Canterbury LEP, the maximum building height is 18 M.
396 Beamish St is a single level brick building currently leased to a Nepalese restaurant until March 2017. The rent is $61,840.80 per annum + GST. The tenant pays 100% of water rates and charges and council rates.

398 Beamish Street is a 3 bedroom cottage currently occupied subject to expired lease with a weekly rent of $460.

Sold at auction $3,550,000 on 26 November 2015
           

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Shop B9/7-13 Hunter Street , Sydney, NSW

CBD retail arcade shop

Prominently positioned close to the elevator and staircases, this 34sqm strata shop is located on the basement level of Hunter Connection.

Hunter Connection is one of the most popular food & shopping arcades frequented by CBD office workers.

It also serves as a thoroughfare connecting Wynyard train station to various office buildings on Pitt, Hunter & George Streets.

Currently occupied by a tailor & alterations business, the property is now for sale subject to a lease back arrangement of 3 years + 3 year option with a weekly rent of $900 + GST.

If required it can also be sold subject to vacant possession.

Sold by private treaty in December 2015 for $450,000+GST

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Shop H13, 7-13 Hunter Street, Sydney, NSW

Affordable CBD retail investment with steady income stream

  • 52 sqm strata shop located on street level of Hunter Connection arcade linking Wynyard station to George, Pitt and Hunter Streets
  • 7.44m Wide glass frontage with potential for splitting into 2 shops
  • Enjoy very busy foot traffic by office workers
  • Current rental income $ 56,656 per annum + GST
  • Leased to Thai massage business till July 2019 with a 3-year option to renew
  • CPI rental adjustment per year, market review in 2019
Estimated outgoings per annum
Strata levies $21,553 + GST
Council rates $1,507
Water rates $316

Sold at Auction $613,000 on 8 October 2015

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105-111 Liverpool Road, Burwood, NSW

Strategically located mixed use building with redevelopment potential (STCA)

Investors and developers are offered a rare opportunity to maximise the potential of this prominent corner block of approximately 1127 sqm.  This is a rectangular shaped allotment with 26m frontage and 34m depth.  Positioned at the corner of Liverpool Road and Quandong Avenue, a block away from Burwood Road junction, this property enjoys excellent exposure to traffic from both directions.  There is a bus stop at the front providing transport to the city and the impressive looking St Joseph Church and its primary school sitting opposite the road.
This 2 storey brick and concrete building has another 2 levels of basement carpark to accommodate 37 cars entering from a private driveway at rear.  Currently being used as retail and commercial offices, this property suits multiple usages.  It is ideal for redevelopment into a mixed retail and residential building, subject to council approval.

According to Burwood Local Environmental Plan 2012, this property is Zoned B2 Local Centre, FSR of 2.5:1 and height restriction 20 metres.

Sold on 26 October 2015

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19-21 Stanley Street, Burwood, NSW

Boutique Development Opportunity in Burwood (STCA)

19-21 Stanley Street is conveniently located opposite Burwood Public School, close to train station and all life conveniences and amenities in the area, including Burwood Library, and Westfield Burwood Shopping Centre. The site features:

  • a land area of approximately 730 sqm
  • total street frontage of about 18.3 m
  • approx 600 m from Burwood Station & 900 m from Westfield Burwood
  • Zoning R1 General Residential *
  • FSR 3:1, Height limit 26 m*
*according to Burwood Local Environmental Plan 2012, subject to Council approval.
Please click here to view all photos.

Sold on 29 May 2015

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202-210 Elizabeth Street, Surry Hills, NSW

Freehold Retail Investment with Redevelopment Potential

This is a single-level property sitting on approximately 328 sqm of land. 
It is currently occupied by an established Thai restaurant with indoor and al fresco dining. 
The premises is well-positioned on Elizabeth Street, a main arterial linking Sydney CBD to the south, with Central Station and Thai-town just across the road. 
The property offers enormous upside potential for future upgrade or redevelopment (subject to Council approval.)
According to Sydney Local Environmental Plan 2012, the property is Zoned B4 Mixed Use
Floor Space Ratio 3:1
Maximum permissible height 18 metres
Tenant pays a gross rent of $117,141 per annum + GST and part of the outgoings. The current lease expires in November 2016 and the tenant has an option to renew the lease for another 2 years.

Sold on 9th April 2015

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27-29 Gordon Street, Burwood, NSW

Boutique Residential Development Site in Burwood

The subject property is located in a quiet residential area of Burwood, an inner-west suburb approximately 12 km from Sydney CBD. It is conveniently located around 7 minutes walk to Burwood Station and the main shopping and restaurant precinct on Burwood road. Burwood is a well sought after residential suburb due to the proximity of numerous reputable schools, Westfield Shopping Centre and Burwood Park.
 
The site features:

  • Total land area of approximately 929 sqm
  • Street frontage of about 30.5 m
  • Around 7-8 mins walk to Burwood and Strathfield Stations
  • Zoning R1 General Residential *
  • FSR 1.5:1*, Height limit 11 M*
  • Tenants currently on expired leases
*according to Burwood Local Environmental Plan 2012

Sold at Auction on 19th March 2015

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310-314 and 318 Elizabeth Street , Surry Hills, NSW

Opposite Central Station with loads of potential

These original 3-storey commercial terraces are strategically located opposite Central Railway Station, bus and light rail terminals. They are also within walking distance to Universities, Sydney TAFE, Chinatown & Darling Harbour.

The total land area for 310-314 Elizabeth Street is about 259 sqm and 318 Elizabeth Street is approximately 94 sqm.
Enormous potential for commercial/residential development (STCA)

Both properties sold at auction in March 2015
310-314 Elizabeth Street $5.5 million
318 Elizabeth Street $2 million

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