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48 New Illawarra Road Bexley North NSW 2207

  • Shop & Retail
  • 590 m²
  • Commercial Auction

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 date and time17/04/2021 10:00
    Auction location48 New Illawarra Road, Bexley North NSW

    OPEN FOR INSPECTION

    17/04/2021 09:30 - 10:00
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    Property Highlights

    Property ID2016886957
    Floor Area590 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  30 Mar 2021
    Map for 48 New Illawarra Road Bexley North NSW 2207
    Map for 48 New Illawarra Road Bexley North NSW 220748 New Illawarra Road Bexley North NSW 2207

    Property Highlights

    Property ID2016886957
    Floor Area590 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  30 Mar 2021
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