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139-141 The Entrance Road
The Entrance NSW 2261
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Sold on 27 Jan 2022

139-141 The Entrance Road The Entrance NSW 2261

  • Shop & Retail
  • 248 m²
  • Sold

RARE RETAIL FREEHOLD INVESTMENT OPPORTUNITY - OWNED BY THE SAME FAMILY FOR ALMOST 40 YEARS

    Offered on the market for the first time in almost 40 years, this is a rare opportunity to secure a highly coveted 670sqm of undeveloped commercial property located right in the centre of the bustling hub of The Entrance, surrounded by a vibrant mix of local cafes, restaurants and boutique shops. Located directly across from the ocean front, this property has an existing 3-shop commercial lease holding and enjoys a high volume of foot traffic from both locals and tourists on weekends. This is an excellent opportunity to secure an existing block of 3 fully-tenanted commercial retail shops with plenty of opportunity to redevelop in the future to align with your investment interests.

    - Total land size 15.24m x 39.00m = 670sqm
    - Zoned B2 Local Centre
    - Potential to further develop (STCA)
    - Outstanding location
    - High foot traffic area
    - 3 commercial retail shops - fully tenanted
    - Total rental investment returns are $125,575 p.a.
    - 6 to 8 off street car spaces
    - 4 separate toilets for each tenant
    - Rear lane access

    For more information on this rare opportunity please contact Michelle Vo 0401 029 815

    Property Highlights

    Date Sold27 Jan 2022
    Floor Area248 m²
    Land Area670 m²
    Parking8 x Onsite parkings
    Building TypeWhole building
    Property ID2017511192
    Category
    Last updated  2 Feb 2022
    Map for 139-141 The Entrance Road The Entrance NSW 2261

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    Property Highlights

    Date Sold27 Jan 2022
    Floor Area248 m²
    Land Area670 m²
    Parking8 x Onsite parkings
    Building TypeWhole building
    Property ID2017511192
    Category
    Last updated  2 Feb 2022

    Listed by

    Michelle Vo
    Marando Real Estate Central Coast
    Call
    0401029815

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