48 New Illawarra Road Bexley North NSW 2207

Shop & Retail
590 m²
Sold, $2,595,000

Investment Opportunity - 2 Shops and 3 Residences

Prime investment opportunity. Two lock-up shops plus 3 separate residences. Residences consist of a 2 bedroom, 3 bedrooms and 4 bedroom town house style apartment with courtyard and side drive to large lockup garage.

The property offers plenty of potential for renovation and upgrading and increasing the return.

Features: Corner position with 3 street frontages. Ample footpath space in front of the shops gives good visual exposure. Can be an excellent home with income opportunity.

Gross annual return - $104,188.00 (currently all shops and apartments leased)

Outgoing: Council Rates - $3186.00pa, Water - $1175.00pa, Insurance - $4552.97pa

Land value - $764,000.00 (for assessment purposes)

Land Size - 585 sqm

Shop sizes - Shop 1 - 101.5sqm, Shop 2 - 89.3sqm

Unit sizes - Unit 1 - 94.1sqm, Unit 2 - 102.3sqm, Unit 3 - 203.1sqm

A rare investment opportunity not to be missed.

AUCTION

Auction date and time	17/04/2021 10:00
Auction location	48 New Illawarra Road, Bexley North NSW

_Archived_Elders Inner West Haberfield

105 Ramsay Street

Haberfield, NSW 2045

Property Highlights

Date Sold	17 Apr 2021
Sold Price	$2,595,000
Floor Area	590 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2016886957
Category	Shop & Retail
Last updated	19 Apr 2021

Map for 48 New Illawarra Road Bexley North NSW 2207

Nearest transport* to 48 New Illawarra Road Bexley North NSW 2207

Bus

Train

New Illawarra Rd Opp Tomkins St	24 m
New Illawarra Rd At Tomkins St	48 m
New Illawarra Rd Opp MacDonald Cres	118 m
New Illawarra Rd Opp Heath St	181 m

*Within a 4km radius

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_Archived_Elders Inner West Haberfield

105 Ramsay Street

Haberfield, NSW 2045

Property Highlights

Date Sold	17 Apr 2021
Sold Price	$2,595,000
Floor Area	590 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2016886957
Category	Shop & Retail
Last updated	19 Apr 2021

Listed by

_Archived_Elders Inner West Haberfield

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02 97983777

More about 48 New Illawarra Road Bexley North NSW 2207

48 New Illawarra Road Bexley North NSW 2207 is categorized as Shop & Retail Property. It has a floor area of 590 m². The listing ID for this property is 2016886957.