Extremely prominent North side position to Oxford Street retail strip surrounded by established traders.
This substantial redeveloped Commercial building is beautifully finished with impressive shopfront, full length open plan retail space, exposed concrete and timber floors, skylights and other glazing to take in the Northern aspect.
Comprising a generous ground level retail area of 133m2 (approx) currently fitted out and used for fashion retail plus a large first floor area of 54.5m2 approx. for storage, administration, toilet and kitchenette amenities.
Fully air-conditioned and with generous lighting, services, security and high ceilings.
Rear lane access (Belmore Lane) to lower level of 42m2 (approx) with tandem garaging and storage.
A substantial building on a site area of 167.7m2 (approx) with a 4.5 metre frontage to Oxford Street.
Presently leased to Saba Trading Pty Ltd on a short term tenancy expiring 11 October 2018 for $8,690.00 per month gross + GST.
Ongoing retail or commercial investment or ideal corporate HQ for Commercial Offices, professional services and other retail uses.
With the neighbourhood strengthening with businesses such as the Paddington Hotel, Fred's and Saint Peter, this part of Paddington is becoming the real flavour of the Eastern Suburbs vibe.
Zoned by Woollahra Municipal Council LEP as B4 - Mixed Use.
Potential for redevelopment (STCA) for part residential use.
Council Rates: $4,316.83 (2017/2018)
Water Rates: $1,029.00 (2017/2018)
Land Tax: $8,009.30 (2018 single holding)
Inspect by Appointment.
Co-Agent
Metro Commercial Double Bay
Allan Levy 0400 999 888
www.metrocommercial.com.au
