Commercial Property Group is pleased to present to the market this exciting development investment opportunity. Located prominently on Taren Point Road with prime exposure to thousands daily and close to major retailers such as Repco, The Good Guys, Officeworks & Bob Jane T-Mart to name just a few, this property is on the gateway strip to The Sutherland Shire. Parcels of this size rarely come available on Taren Point Road nor with such a desirable B5 Business Development zoning that permits Bulky Goods Retail
Features: * Heavy power supply along with natural gas * Currently tenanted month to month. Excellent opportunity for an owner occupier to step in! * Annual rental $275,600.00 pa + GST * Smartly appointed reception and office area over 3 levels * Existing building spans over approximately 1,639m². This includes ground floor, first floor and second floor offices * Over-sized staff lunch room/breakout area * Male and female amenities * Rooftop parking along with on grade parking off Taren Point Road * Additional rear detached building can be incorporated into the redevelopment to maximize floor space * Great exposure to Taren Point Road with 20m frontage by 101m depth * Zoned B5 - Business Development allowing for specialized retail premises and an array of other industry types * Floor Space Ratio of 1.5:1 with a maximum building height of 16m
This property is going to be suitable for either an owner occupier looking to relocate their business to a custom building providing ample onsite parking for all staff and customers. Parking is becoming an extremely critical requirement when it comes to doing business in today’s market! The investor/developer will see the potential on this site with a potential Gross Floor Area of approx. 3,000m² (subject to council approval)
For more information of this quality offering, contact Hayden Bennett or Damen Astey!
Open For Inspection: 11:00 to 11:30 Thursdays 8th, 15th, 22nd & 29th November 2018
Auction: 6:00pm 5th December 2018 Doltone House, Sylvania Waters
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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