Retail property on Glenmore Road, Paddington listed for auction

Retail property on Glenmore Road, Paddington listed for auction
Retail property on Glenmore Road, Paddington listed for auction

A retail property in Paddington has been listed for auction.

Located at 3a Glenmore Road, the new three storey, double fronted retail building has been marketed as having "presence".

It was rebuilt in 2005 and offers 160 square metres of floor space over three levels.

The retail space takes two of the levels and the third is used as a storage and office space.

It is leased to SABA until February 2018 with a 5% annual increase, plus opportunities to further extend it for another five years with all outgoings paid by the tenant.

The auction is December 13 through Ray White agent Ben Vaughan.

Tags: 
Paddington Commercial Sale

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