INVESTMENT WITH RESIDENTIAL UPSIDE - SOUTH SYDNEY

SOLD

719 - 721 Elizabeth Street

Waterloo NSW 2017

Industrial

FOR SALE

1192m2

JLL as exclusive selling agents are pleased to offer 719-721 Elizabeth Street, Waterloo for sale.

This freestanding building has been creatively refurbished and is leased to a well-known publicly listed company - RCG Corporation. RCG Corporation (ASX:RCG) is an invesmtent holding company which owns and operates a number of footwear businesses. These include retailers, The Athlete's Foot Australia and Podium Sports. They are the distributors for the Merrell, Saucony, Cushe, Chaco, CAT (Caterpillar) and Sperry Top-sider brands of footwear and apparel.

Some of the property attributes include:

• 1,127sqm* - site area
• 1,192sqm* - building area
• $498,051.25 rental per annum + GST*
• 10 year lease to ASX listed company - expires 2021
• Freestanding refurbished building with exposure
• Located 300 metres to Green Square Train Station
• Underlying residential zoning - R1 - General Residential
• 28 basement car spaces

This outstanding investment opportunity is for sale with an asking price of $7,100,000.

(*approximately)

Sam Brewer
0411 158 684

or

Blair Peterken
0406 277 181