4-14 Woolley Street Dickson is a multi-tenanted mixed use building that is currently occupied by a diverse mix of retail and commercial tenants. The property occupies a prime position on the retail strip of Woolley Street within close proximity to the major shopping area of Dickson.
This property provides an opportunity to add value by upgrading and re-leasing the two (2) vacant tenancies to increase cash flow.
• Estimated fully leased net income of $381,000* per annum
• Total lettable area of 1,270sqm*
• Opportunity to add value to the income stream
• Prime location in a busy restaurant and entertainment precinct
• Possible future residential redevelopment site (Subject to approval)
• Located in tightly held retail investment market
*approximately
The property is offered to the market under instructions from the Receivers and Managers, Hayes Advisory.
