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Sold on 1 Aug 2019

64 Balgowlah Road Balgowlah NSW 2093

  • Retail
  • 1,400 m²
  • Sold

UNMATCHABLE OPPORTUNITY - Circa 7% Return !

Prominent Freestanding Site, in the Centre of Balgowlah's thriving business precinct. Unique and diverse property comprising of Retail, residential and Industrial tenants. Well presented throughout, this is a must see.
Tightly held in vibrant strip positioned close to Manly Freezers, Bunnings and Aldi. Highlights include:-
* Wide Frontage to Balgowlah Road;
* Torrens Title;
* Multiple income stream;
* Great Balance of Residential & Commercial Mix;
* Dual Roller shutter access to both ground floor & level 1.
* Property split over 3 levels with multiple access points;
* Current income of $214,000 NET
* Tenant's contribute to outgoings.

Standing on 700m2 ( approx. ) of land, the site lends itself a wide range of opportunites & future business growth prospects. Close to cafes, B-line and shopping centres. The property is situated in highly sought after pocket of Balgowlah, 5km to Westfield Brookvale and 15kms to the city CBD. Close proximity to major arterial roads Condamine Street and Sydney Roads.

Property Highlights

Property ID2014989626
Date Sold1 Aug 2019
Floor Area1,400 m²
Land Area700 m²
ParkingAsk Agent
Category
Last updated  1 Aug 2019
Map for 64 Balgowlah Road Balgowlah NSW 2093
Bridge Real Estate
1/14 William Street Brookvale NSW 2100

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