64 Balgowlah Road Balgowlah NSW 2093
- 1,400 m²
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.
|Date Sold||1 Aug 2019|
|Floor Area||1,400 m²|
|Land Area||700 m²|
|Last updated||1 Aug 2019|