Western Sydney Newsagency - Unlimited Potential, Very Low Rent and Secure Lease to 2031 in Australia for 229000

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Description

An opportunity is available to acquire a long-established newsagency located in a high-exposure retail strip within the Blacktown local government area in Western Sydney. Operating for more than 30 years, the business generates income through multiple revenue streams and benefits from relatively low occupancy costs. A new lease has been secured until March 2031, providing operational stability for the incoming owner. The lottery component generates approximately $100,000 in annual commission and drives regular customer traffic. Additional revenue is generated from greeting cards, magazines, stationery, and convenience retail products. The premises include approximately 100 sqm of retail space, offering flexibility to expand product lines or introduce additional services. The property also includes a large storeroom, a dedicated office area, and a secure rear car space currently leased for additional income. Key Investment Highlights: * Established business operating for more than 30 years. * Consistent store sales supported by diversified revenue streams. * Lottery commission of approximately $100,000 annually. * Rent of approximately $36,000 per year (around $685 per week). * Lease secured until March 2031. * Approximately 100 sqm retail space with office and storage areas. * Rear storeroom with driveway access. * Secure rear car park currently generating approximately $150 per week in rental income. Operational Advantages: * No landlord restrictions on product lines. * Flexible operating hours with currently limited weekend trading. * No refurbishment requirements. * Long-term lease providing operational certainty. Potential Growth Opportunities: * Expanding product lines such as gifts, coffee, confectionery, or convenience items. * Introducing additional services such as educational products, tailoring, laundry services, or phone repair. * Installing an ATM to generate additional passive income. * Utilising existing space for further revenue-generating activities. This business presents an opportunity to acquire a stable retail operation with established customer traffic and potential for further development. Enquire to receive additional information.

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