BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Commercial Freehold Opportunity on Month-to-month Lease\nColli ers is pleased to offer 499-505 King Georges Road\, Beverly Hills for sal e by way of Public Auction taking place on Tuesday 9 June at 10:30am. \n\ nA prominent freestanding commercial building positioned along King Georg es Road\, this property offers a rare opportunity within the highly expos ed Beverly Hills commercial corridor. The premises is currently leased to the longestablished and reputable Beverly Hills 888 restaurant on a mont htomonth basis\, providing immediate income with flexibility. Supported b y a substantial landholding and dual street exposure\, the asset is well suited to both investors and owneroccupiers\, with scope to occupy\, repo sition or pursue redevelopment (STCA).\n\nWe summarise the key highlights below:\n\n- 1\,043m²* total site area \n- 2\,086m2* permissible GFA\n- F lexible MU1 Mixed Use zoning \n- 2 : 1 Floor Space Ratio and 15m height l imit\n- 21 car spaces with rear lane access via Dumbleton Lane\n- $280\,0 00+ per annum current gross passing income\n- Currently leased to a long established and reputable restaurant operator with a strong local presenc e\n- Positioned on a prominent arterial road location\, presenting potent ial long term redevelopment or repositioning upside (STCA)\n\n\n*Approxim ately DTEND:20260609T113000 DTSTAMP:20260506T021534Z DTSTART:20260609T103000 LOCATION:Mezzanine Level/50 Margaret Street\, Sydney SEQUENCE:0 SUMMARY:Auction: 499-505 King Georges Road\, Beverly Hills NSW UID:CRE-2020817695-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Commercial Freehold Opportunity on Month-to-month Lease
Colliers is pleased to offer 499-505 King Geor ges Road\, Beverly Hills for sale by way of Public Auction taking place o n Tuesday 9 June at 10:30am.

A prominent freestanding comme rcial building positioned along King Georges Road\, this property offers a rare opportunity within the highly exposed Beverly Hills commercial cor ridor. The premises is currently leased to the longestablished and reputa ble Beverly Hills 888 restaurant on a monthtomonth basis\, providing imme diate income with flexibility. Supported by a substantial landholding and dual street exposure\, the asset is well suited to both investors and ow neroccupiers\, with scope to occupy\, reposition or pursue redevelopment (STCA).

We summarise the key highlights below:

- 1\,043m²* total site area
- 2\,086m2* permissible GFA
- Fl exible MU1 Mixed Use zoning
- 2 : 1 Floor Space Ratio and 15m heig ht limit
- 21 car spaces with rear lane access via Dumbleton Lane < br/> - $280\,000+ per annum current gross passing income
- Currentl y leased to a long established and reputable restaurant operator with a s trong local presence
- Positioned on a prominent arterial road loca tion\, presenting potential long term redevelopment or repositioning upsi de (STCA)

*Approximately

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