Mercer Property is delighted to offer Lot 17/172 New South Head Road, Edgecliff to the market for sale via public auction.
Situated on the ground floor of a character-filled Spanish Mission strata building, this leased investment is perfectly suited to an investor who is looking to capitalise on historically low interest rates within a tightly held Eastern Suburbs market. Currently occupied by Salon D'Ali, which is a hair salon, popular within the local community.
The property is located in a prime position on New South Head Road, providing a significant amount of exposure to passing vehicle traffic. It also offers access to large amounts of passing trade due to its immediate proximity to the Edgecliff Centre, which provides everyday amenity and transport to daily commuters and local shoppers.
Key Features:
- Strong tenant with renewed lease term
- High-quality refurbishment completed in 2020
- Positioned on the ground floor of a character-filled Spanish Mission building
- Located in a very strong Eastern Suburbs location
- Significantly regentrified area and sought-after shopping precinct nearby
- Directly opposite public transport
Whether you are an investor or looking to purchase in your self-managed super fund this investment offers a strong covenant and low maintenance income.
Method of Sale: Public Auction
Auction Time/Date:
The auction will be held by Auction Works on Tuesday 14th December 2021. The auctions will be commencing at 10:30 am
For further information or to arrange a time to inspect, please feel free to contact the exclusive agents;
Matt Davoren: 0410 488 437
John Agnew: 0428 068 501
