Penshurst NSW 2222

First time offered to the market in 40 years is this extremely rare three shops in one line within a prized location. The land area of 151m²* provides an existing concrete and brick building with undercover parking and backs onto a public car park.

Features Include:
3 separate shops
Undercover parking
Grease traps
Rental income of $80,028.24 pa gross + GST
Long-standing tenants
Zoned B2 - Local Centre
Floor space ratio of 2:1
15m building height limit
Value add opportunity
Side public laneway to Council parking provides ultra-convenience
Opposite Penshurst Hotel
Moments from Penshurst Train Station
Short drive to Hurstville CBD

This opportunity is ideal for the astute investor looking for a multi-tenanted investment along with potential upside.

Take comfort in a multi-tenanted investment and diversify in a low interest rate market.

Contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616 for more information or to arrange an inspection today!

*Approximate

Open for Inspection
2:00 to 2:30pm on Thursdays
15th, 22nd & 29th August & 5th & 12th September 2019

Auction
6:00pm 12th September 2019
Club Central
2 Crofts Avenue
Hurstville NSW 2220