2A Cannon Street Stanmore NSW 2048

This superbly refurbished office and warehouse building offers 667sqm over two levels with exceptional design features and multi-use opportunities.

It has the ability for a live and work operating design with an immaculately presented first floor.

Its two street frontages and prime positioning adjacent to Parramatta Rd allows convenient access to the CBD, M4/M5 freeways and Eastern distributor.

Currently tenanted by 'Five Senses Coffee' who has occupied the premise for the past two years and have another 3 years remaining, the property provides a secure income with a massive potential upside at the end of the lease.

The property is significantly under rented and therefore provides income growth over the short to medium term.

The site also has potential residential or commercial development opportunities (STCA).

TENURE 100% freehold interest.
ZONING B2 local centre
TITLE LOT 1 DP731153
VG MEASUREMENTS VG Measurements): 6.19/7.19X39.06IRR/38.65IRR
All figures are approx.

Auction: 29th November 2016 at 10.30am
Venue: 50 Margaret Street, Sydney