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165 Pennant Hills Road
Carlingford NSW 2118
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Sold on 12 Aug 2020

165 Pennant Hills Road Carlingford NSW 2118

  • Development / Land
  • 2,245 m²
  • Sold

Substantial Land Holding + Secure Income

Ray White Commercial is pleased to present 165 Pennant Hills Road, Carlingford for sale via Expressions of Interest closing Wednesday 22 July 2020 at 3pm.

Unique opportunity for the astute investor to secure a substantial land holding of 2,245m2* leased to well-known not-for-profit organisation on a 3 + 3 years lease term. Configured into an administration/ commercial building and eight (8) self-contained villas with additional common room.

The property benefits from many existing improvements that could be readapted or alternatively re-configured to generate a secure holding income with multiple income streams.

Highlights of the property include:
* Fully tenanted specialised accommodation complex
* Main administration/ commercial building with eight (8) self-contained villas and common room
* Brand new 3 + 3 years lease to well-known not-for-profit organisation
* Annual net income of $150,000*
* Tenant pays all outgoings
* Zoned R2 Low Density Residential
* Generous land parcel of 2,245m2*
* Immediate access to Parramatta CBD

Expressions Of Interest closing Wednesday 22 July 2020 at 3pm.

For more information please contact the exclusive agents.

Property Highlights

Date Sold12 Aug 2020
Floor AreaAsk Agent
Land Area2,245 m²
ParkingAsk Agent
Property ID2016325440
Category
Last updated  12 Aug 2020
Map for 165 Pennant Hills Road Carlingford NSW 2118

Nearest transport* to 165 Pennant Hills Road Carlingford NSW 2118

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Property Highlights

Date Sold12 Aug 2020
Floor AreaAsk Agent
Land Area2,245 m²
ParkingAsk Agent
Property ID2016325440
Category
Last updated  12 Aug 2020
Level 1, 15-17 Argyle Street, Parramatta NSW 2150

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