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Sold on 20 Aug 2018

98 Longueville Road Lane Cove NSW 2066

  • Shop & Retail
  • 195 m²
  • Sold

Retail Investment with the potential to go up!

    A retail arcade containing 6 tenancies with frontage to Longueville Road and backing onto Little Lane and a Council Car Park. The property has previously had Council approval for the addition of a second floor. Although lapsed application could be made to have the approval reinstated STCA.

    The property is located on the Eastern side of Longueville Road approximately 200m from Epping Road. The arcade is fully leased.

    There is also the option of gradually obtaining Vacant Possession to the entire ground floor facing Longueville Road to create one (1) large shop of approximately 150m2. An internal staircase could connect to the first floor giving an area of up to 300m2.

    Gross Income approximately $157,600.
    Outgoings $12,248.
    Net Income $144,971 + GST.

    Information Memorandum available upon request.

    Please contact Exclusive Sales Agent Mark T Smith 0418 523 007.

    Mark Smith
    Richardson & Wrench North Sydney
    Mark Smith
    Richardson & Wrench North Sydney

    Property Highlights

    Property ID2014336464
    Date Sold20 Aug 2018
    Floor Area195 m²
    Land Area221 m²
    ParkingAsk Agent
    Category
    Last updated  4 Sep 2018
    Map for 98 Longueville Road Lane Cove NSW 2066
    Map for 98 Longueville Road Lane Cove NSW 206698 Longueville Road Lane Cove NSW 2066
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Mark Smith
    Richardson & Wrench North Sydney
    Mark Smith
    Richardson & Wrench North Sydney

    Property Highlights

    Property ID2014336464
    Date Sold20 Aug 2018
    Floor Area195 m²
    Land Area221 m²
    ParkingAsk Agent
    Category
    Last updated  4 Sep 2018
    Richardson & Wrench North Sydney
    Ground Floor 66 Berry Street North Sydney NSW 2060
    Mark Smith
    Richardson & Wrench North Sydney
    Mark Smith
    Richardson & Wrench North Sydney

    Ask Mark Smith about this property

    Mark Smith

    Mark Smith

    Richardson & Wrench North Sydney

    0418 *** ***
    0418 523 007

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