197-199 Lakemba Street, LAKEMBA NSW 2195
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- Offices, Retail
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- 5 Oct 2016
TWO RETAIL SHOPS IN ONE LINE + GST FREE = BINGO!
An outstanding opportunity to acquire a full brick two storey building strategically positioned at the Haldon Street and Lakemba Street junction, in arguably one of the most vibrant and busy retail shopping strips in Sydney Metro area. The property consists of two totally independent and self contained double storey shop and residences currently occupied by long established (real estate agency & restaurant) businesses.
Located within walking distance from all conceivable amenities, schools, library, etc. and flexibly Zoned Local Centre B2, which allows a maximum permissible building height of 18m, the subject property lends itself to a substantial future mixed commercial/ residential development while you receive passive income.
The property is sold subject to existing commercial leases, hence NO GST would be applicable in the purchase.
Land Area: 300m² approx
Land Dimensions: 10m approx. x 30m approx Building Area: 200m² approx
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
197-199 Lakemba Street LAKEMBA