345 Kingsway Caringbah NSW 2229

Freehold investment in Central Caringbah with Development Upside

Don't miss this opportunity to secure a freehold investment consisting of both retail and office space on the Kingsway in Caringbah.

The building has great potential for future development STCA with two street frontages.

It is fully leased with a tenancy schedule available. There are 9 tenants with a total annual rental income of $171,959+GST.

Outgoings (per annum):
- Land tax: $17,433
- Council: $5,711
- Water: $3,300

Site Area 345m2
Zoning B3 Commercial Core
Height Limit 25metres
Floor Space Ratio 3:1

The property is being sold by way of 'Expression of Interest' closing 3pm Friday 10th of April.

If you require any further information please contact Josh Crealy on 0402248186 or Tina Bligh on 0431371102.