This article is from the Australian Property Journal archive
THREE shops in Sydney’s northern suburb of Penshurst have sold together for the first time in 40 years for $1.911 million.
Commercial Property Group’s Hayden Bennett and Damen Astey sold 36-40 Penshurst St, which is leased to longstanding tenants and returns a gross annual income of $80,028.24 plus GST.
On 151 sqm of land, the property is zoned B2 local centre and has a potential building height allowance of up to 15 metres.
