ICONIC RETAIL OPPORTUNITY - TWO ADJOINING RETAIL LOTS WITH VACANT POSSESSION Rare opportunity to secure two (2) adjoining retail shops, with potential to occupy or Lease.
+ 116 sqm double fronted retail shop, plus off-street car space + Separate double storey garage (or potential second car space) Previous home to + Previous home to iconic T's Book Cafe Valuable late trading approval until 10 pm, plus outdoor seating + Two (2) separate lots of 58 sqm each, with potential to lease individually or in one line + Ideal DIY super fund investment with future upside + Motivated Vendor
Conveniently located close to the Alison Road intersection, within Randwick's retail v...
STRATA RETAIL SHOP IN PRIME LOCATION > 95 sqm retail shop
> Separate storeroom (20sqm) which could be leased seperately
> Rear access
> Shop leased for 5 years to Vodafone Hutchinson
> Well maintained strata building with older style features
> Easy access to transport
> High exposure,central location with excellent passing traffic
> Solid investment, first-rate capital growth potential
Entire Block of 6 Apartments in One Line Located in a highly desirable pocket of Randwick is this block of 6 apartments.
Offering both immediate income and long-term growth, this is a rare opportunity to secure a prime property in a proven location.
With village-like surroundings, this property is in close proximity to cafes, restaurants, bars, Queens Park, Centennial Park, Bondi Junction, Prince of Wales Hospital, University of NSW and all amenities.
A short walk to city buses and a 5 minute drive to Sydney's best beaches!
Features include: - 6 x 2 bedroom apartments - 6 x LUG - no common walls - sweeping city and district ...
Exciting Opportunity To Purchase Commercial Building In A Busy Retail & Restaura A rare and exciting opportunity to purchase this superb commercial retail freestanding building, which has been tightly held by the same owner for over 70years as a Dancing shoes factory.
Located in the heart of Randwick's 'The Spot' entertainment precinct with Ritz cinema across the road, shopping and superb beaches located nearby.
Encompassing a spacious shop front along with an upper level separate commercial premises with it’s own entrance. There is a possibility of creating residential apartments above the commercial premises (STCA).
QUALITY INVESTMENT STRATA-TITLED CAFE Located along the bustling dining strip of Avoca Street, this 108sqm strata-titled caf/restaurant represents an exceptional opportunity for the astute commercial investor, providing exceptional returns, superb growth and scope to make additional improvements. Currently leased to a thriving tenant until 2020, the highly regarded Duck Duck Goose caf, this is a prime opportunity in an increasingly cosmopolitan corner of Sydney's east.
- Prime double frontage of approximately 9m with excellent exposure
- Superb contemporary fitout with high ceilings, full kitchen facilities
- DA approval fo...
LANDMARK SITE WITH ENDLESS POTENTIAL Versatile freestanding building, perfectly positioned to offer great exposure on the corner of Botany Street & High Streets. Located within close walking distance to the Prince of Wales & Sydney Children's Hospital, UNSW, Royal Randwick Shopping Centre, Randwick Racecourse, CBD and Eastern Suburbs transport.
- Freestanding block on a prominent corner site with excellent exposure to passing traffic
- Prime development site with R3 Medium Density Residential zoning
- Current lease in place until May 2019
- Versatile layout including reception and consulting rooms, multiple amenities pl...
Substantial Development Site of 1605m2 approx. 16-24 Belmore Road & 4 Elizabeth Street, Randwick.
An outstanding development opportunity with nearly 35 metre frontage to Belmore Road and rear access from Elizabeth Street.
Currently comprising three separate titles with 3 x commercial/retail terraces and 2 x residential flats plus 1 x independent building used as banking chamber and a single level commercial building, the site offers a unique opportunity for a rare consolidation of the titles.
5 x commercial/retail tenancies and 2 x residential tenancies.
Current gross rental of $900,000.00 per annum (ex. GST) approx. with an FSR of 2:...
Randwick Retail Investment Opportunity This first class investment opportunity comprises a shop and residence above located at "The Spot". Rarely available, this solid brick building is set out over ground and first floor with the ground floor comprising a Thai restaurant, trading as Ummarin Thai. The upper level accommodation comprises a large 2 bedroom unit leased to the operators of the restaurant. A new 5 year lease has just been signed with an estimated Nett income of $61,454 pa ex gst. To be offered for sale by Public Auction - call Nick Drosinos on 0416 122 736 to receive full sales details.
Blue chip investment, High profile tenants Offering an outstanding investment opportunity in a prominent village setting, this Mixed Use commercial/residential property comprises two retail stores plus a stylish private one bedroom apartment all on one title. Fully renovated and superbly positioned on a high-exposure location on the corner of Clovelly Road, it's surrounded by cafes and bistros in a vibrant neighbourhood community. Victorian building with expansive street frontage & high exposure to pedestrian & vehicular traffic. Shop 1 is approximately 120sqm with retail on the ground floor & a fully renovated one bedroom apartment ...
QUALITY RETAIL INVESTMENT ON THE CORNER OF AVOCA ST & ALISON RD > 90 m2 shop over 2 floors
> High traffic location
> Newly refurbished building
> Highly regarded tenant specialising in finance planning
> Rent: $45,000 gross pa GST
> Outgoings Approx $7,668 per annum
> New lease to MLC for 3 years with 3 year option
> Quality fit out
Building ideally located on the corner of Avoca Street and Alison Road.
"HOT SPOT" Offers are Invited for this large (173sqm) ground floor retail shop with rear lane access. Located in the middle of a thriving dining "Hot Spot" within 100 metres of the Randwick Ritz Cinema complex.
Investors/owner occupiers take note:
Underdevoloped property offering loads of potential for further improvement
Council Rates: $4,365.00 per annum
Water Rates:$5,000.00 per annum
Insurance: $3,674.00 per annum
Land Tax: $4,052.00 per annum
DECEASED ESTATE - ENTIRE BLOCK OF 15 Offered by the Estate's executors and situated in one of Randwick's most convenient positions, just a short distance from the shopping centre, hospitals and university this sturdy art-deco block of 15 is an awesome opportunity for blue chip investment or further capitalisation by conversion to Strata (STCA). Fully leased with a gross annual return of $194,420, which could be improved. Remarkable opportunity in premier position.
- Blue chip investment or refurbishment
- 2 x 1 bedroom units
- 6 x 1 bedroom + sunroom units
- 1 x 2 bedroom unit
- 2 x 2 bedroom + sunroom units
- 4 x 2 bedr...
Exclusive Eastern Suburbs Childcare Secure 10 year lease to G8 Education Limited to 2024 Three further 10 year options to 2054 G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48billion Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth Tenant pays all usual outgoings including management fees Double-storey facility with service approval for 56 LDC places Superb 709 sqm corner site providing direct access to the Eastern Distributor and only 4.5km from the CBD Net Income: $245,928 pa
Rare DA Approved Site for 28 Apartments Ideally located on the corner of Clovelly Road & Arden Street, this approved "new generation" boarding house is a rare opportunity for any builder, developer, astute investor or institutional buyer. Well located close to schools, transport, Coogee and Clovelly beaches, UNSW, airport, TAFE, hospital and Bondi Junction Westfield.
> 28 studios, 6 car spaces, 5 motorcycle & 5 bicycle spaces
> Approved gross floor area 641.4sqm
> Potential G.A.R. $824,000
> 2 Street frontages
> Email Sam.firstname.lastname@example.org for a copy of the IM report
Unprecedented Beachside Investment CBRE Eastern Suburbs is excited to offer to the market 27 Alfreda Street, Coogee.
A mixed use zoned, passive investment leased to a business that has been operating for circa 40 years.
• Net income $288,000pa*
• New 5 + 5 year lease
• 40 year tenancy, PRODIVE is one of Coogee's longest standing businesses
• High profile, north facing position over Coogee Oval
• Residential development upside on the sites 300sqm* (S.T.C.A)
• The property is located only 100m to Coogee Beach, one of the most famous beaches in Sydney and runs parallel with Coogee Bay Rd, the mai...
Approved Development Site - Landmark Corner Location Sold.
This inspired McGregor Westlake design allows for a 7 storey construction with an impressive schedule of apartments and commercial lots. This amazing site has Randwick Council consent for the construction of 31 apartments and 4 commercial spaces all with mezzanine areas.
Perfectly positioned on the corner of Anzac Parade and Addison Street Kensington in the heart of a strong infrastructure of shopping, learning and lifestyle and within the catchment area for the UNSW and Prince of Wales Hospital complex, this proposed development offering a mixture of 1, 2 & 3 bedroom apartments and ...
Westpac Bank Investment CBRE are delighted to exclusively offer 100% freehold interest in 494 Anzac Parade, Kingsford. The property offers the opportunity to purchase a secure investment leased to Westpac Banking Corporation in a tightly held retail precinct.
Property highlights include:
- Leased to Westpac Banking Corporation
- Net income of $173,891* pa
- Site area: 286.4* sqm
- Dual exposure to Anzac Parade & Meeks Street
- Future development potential (STCA)
- Tenant responsible for outgoings
- Situated within a strong commercial precinct
- Affluent population growth with flexible B2 zoning
Blue-Chip Investment Opportunity In A High-Profile Village Setting An outstanding investment, this commercial/retail space features a prominent location in the heart of Clovelly village. Currently trading as an established boutique florist with a secure long-term tenancy in place, the approximately 44.1sqm space presents a standout opportunity for the investor or SMSF buyer with excellent rental yields and capital growth potential. A blue-chip portfolio addition, the property is set in a vibrant and tightly held neighbourhood community with excellent exposure to pedestrian and vehicular traffic.
* Wide-fronted shopfront and an outstanding village setting...
Invest or Develop 3 Commercial terraces to be sold in one-line CBRE is proud to offer to the market a rare opportunity to acquire an amalgamation of 3 Commercial/Retail/Residential mixed use terraces.
These properties have been held by the one family for over 50 years. Ideally located in the trendy Eastern Suburbs area of Queens Park in the local shopping strip known as Charing Cross. The Charing Cross Retail strip services both the neighbouring luxury residential suburbs of Queens Park and beachside areas like Bronte. A great investment or redevelop opportunity exists (STCA).
Two of the terraces are currently being rebuilt at their rear due to a...
SOLD FOR RECORD PRICE - Huge buyer demand, more needed! COMMERCIAL TERRACE - SHOP & RESIDENCE
Unrenovated Commercial Terrace located in the heart of vibrant Charing Cross.
? New DA for separate shop and 3 bedroom luxury apartment
? GFA 172sqm*
? Land size 152.40sqm*
? Rear lane access
EASTERN SUBURBS INVESTMENT CBRE & Ray White are excited to present one of the most secure residential investments offered in the Eastern Suburbs this year.
Property highlights include:
• A large site area spanning 892sqm*
• The property is located at the intersection adjoining Sydney's prestigious St Catherine's private school, and is the second street back from Queen's Park
• A proven and well-performing unit mix of 8 x 2 bedroom apartments and 1 x 3 bedroom apartment
• The building has generous parking with 14 lock up garages and 2 visitors
• Sydney bus transport to Bondi Junction & CBD is located at the buil...
First Class Investment Block of 8 Apartments Located minutes walk to the university of NSW and Kingsford shopping centre, this rare blue chip block of 8 units is offered for the first time since built in 2010.
- Block of 8 Units
- 6 x 3 bedrooms & 2 x 5 bedroom 2 storey apartments
- 12 Undercover Security car spaces & lock-up storages
- Gross income $404,000 approx
- Security building with 2 street access
- Completed in 2010
- Strata subdivision approved
Expression of Interest Closing 11 November, 2016 at 4.00pm
Outstanding Investment Opportunity Perfectly located a short walk to the world famous Coogee Beach and with cafes, local shops and transport at your doorstep, here is a rare yet exciting investment opportunity to purchase this mixed commercial and residential property.
Running from Dudley Street through to Havelock Avenue at the rear, the property consists of:
> 2 commercial shops, each approx 80 sqm in size
> 2 modern 3 bedroom units (one has been converted to 2 bedrooms)
> Huge rooftop area with some water views
> Potential income of $185,120 pa
> Land size approx 285 sqm plus a 94 sqm side passageway
Capitalise on Clovelly | 2 shops + 2 apartments Colliers International exclusively offer 338-342 Clovelly Road, Clovelly for sale by way of Public Auction.
Situated in this popular Eastern Suburbs beach side locale, 338-342 Clovelly Road has an envious position being only a short stroll to Clovelly Beach and directly opposite the Clovelly Hotel.
338-342 Clovelly Road has the following key attributes:
• Substantial freehold building of 2 shops plus 2 apartments
• Land holding of approximately 455.3 m²*
• Multiple diverse income streams
• Undercapitalised value-add opportunity
• Potential to reconfigure building for further inc...
EASTERN SUBURBS BEACHFRONT UNIT BLOCK CBRE are delighted to present Sydney's most exciting offering of 2016.
Project highlights include:
24 APARTMENTS IN-ONE-LINE
- 9 x 1 bedroom units, 15 x 2 bedroom units
- 24 car spaces / Site area of 1,369sqm*
- North-east facing / 400m* from Coogee beach
- Views spanning Coogee Beach, back towards Sydney's CBD skyline from ground level
- Significantly under-rented $600k* gross p.a.
- Ideal for high-end developer / passive investor
- Never been offered to the market, held within one family for circa 85 years
The property will be sold by way of Expressions of Interest clos...
Premium retail investment with mixed-use potential An incredible opportunity exists to capitalise on this exciting retail investment with mixed-use potential, featuring 4.5m wide shopfront and approximately 130sqm of internal space. It is ideally placed in the heart of Bronte Village, alongside busy eateries, boutiques and lifestyle amenities.
The spacious ground level spans 145sqm, comprising a voluminous open plan design with high ceilings and chandeliers. The elegantly styled interior flows out onto a generous rear courtyard with low maintenance landscaped gardens and rear lane pedestrian access. This versatile property provides a great ...
Large Freehold Building, Shop and Residenceï¿½ï¿½ Capitalise on this unique opportunity to secure a newly refurbished mixed use block. Comes complete with a modern shopfront, valuable side and rear lane access with a loading dock/parking, with district views over Centennial Park from the upper level unit. Perfectly located in the heart of Waverley's retail precinct, "Charing Cross".
The building features a traditional style shopfront with a large retail area of 160sqm. It has been recently refurbished throughout with quality timber flooring and contains internal amenities. The recently upgraded one bedroom unit is accessed via a private ent...
For Sale Rare Blue Chip Commercial Freehold Situated on iconic Coogee Beach with prominent Coogee Bay Rd location and metres from Ardent St. Facing North/South and positioned directly opposite major commercial landmark Coogee Bay Hotel.
A must have for the astute investors portfolio!!
> Freehold Title commercial property spread over 3 levels (from Rear)
> Currently returning $173,900 + GST PA
> Solid tenant with good lease
> Zoned B2 Local CTR with Fully Licensed Cafe/Restaurant
> Further potential S.T.C.A
Landmark Kingsford Corner - Inspect by Appointment. This prominent corner building offers a great income stream, incredible potential for redevelopment or refurbishment subject to Council approval. The University of New South Wales is just one block away. Triple garaging adds greatly to its appeal as does its ability to suit a multitude of uses.
PLEASE NOTE: Inspections by Appointment only.
Features; Standout Torrens Title offering 215 Square Metre site (approx) Mixed Commercial/Residential use Triple garaging Located on proposed light rail route One block from UNSW GAR $123,000- (approx) Agent Interest
PRIME LOCATION SHOWING AN EXCELLENT RETURN ON INVESTMENT Perfectly located on a prime corner position, this 45 sqm shop with roof level storage offers the astute investor an outstanding opportunity to purchase a solid, long term investment property that would make an ideal addition to your property portfolio.
> Retail Shop comprising 45 sqm plus storage room
> Secure tenancy with long term lease with a return of $44,143 + GST per annum
> Currently occupied by Svens Viking Pizza on a 5 + 5 year lease commencing from 10/6/15
View: By Appointment
For Sale: $695,000
Details: Michael Levy on 0419 177 277 or 9315 6655
Rare Sydney Beachside Investment. New Lease to National Retailer. Securely leased to Pie Face - 58 stores across 5 countries. 5 year lease expiring Aug 2020 plus 5 year option. High profile, high traffic location at iconic Coogee Beach. Only 25 metres from Coogee Pavilion and 1 minute to Coogee Beach. Tremendous pedestrian flow from dense local population. Highly frequented tourism hotspot. Outgoings are fully paid by lessee. Annual 3% rent increases. A great alternative to a residential investment. Net Income: $61,800 pa + GST (as at 1/9/16).
Located in the modern Cambridge Court building near the busy intersection of Anzac Parade and Barker Street, this ground floor, strata title, retail shop of 113 square metres in total (approx) includes a double security car space and is ideal for the investor seeking a reliable cash flow income.
Currently leased to a hair salon, the shop is well positioned in the Kingsford hub and commercial precinct with the University of New South Wales and high foot traffic and transport at door.
Inspect by appointment or as advertised. For all enquiries, please contact Sam Karatasas on 0418 280...
Mixed Use Commercial Building With Development Potential in Maroubra Town Centre This tightly held offering is a commercial building consisting of ground floor retail with shop top residential dwellings. The property is leased can be re-developed into residential apartments (s.t.c.a).
Located close to the intersection of Anzac Parade and Maroubra Rd in the heart of Maroubra Junction town centre. The building is neighbouring mixed use residential flats, retail strip and shopping mall. Maroubra forms part of Sydney’s eastern suburbs locations, located 13 km from Sydney CBD and 1 km from Maroubra Beach, well accessed location on main Sydney thoroughfare Anzac Parade.
DECEASED ESTATE - RAW UNTAPPED POTENTIAL OPEN INSPECTION: Wednesday 11th November at 2:00pm - 2:30pm
"Stamatiko Flats" is on offer for the first time in 85 years.
This deceased estate property offers a rare opportunity to secure a freehold property located in the heart of thriving Charing Cross Village. Comprising of 3 retail shops fronting Bronte Road and 3 x 1 bedroom apartments, 3 x 2 bedroom apartments and 4 lock up garages accessible from Carrington Road.
Land area - Approx 657sqm Dual Main street exposure - Carrington Road & Bronte Road B4 Mixed use zoning Under-developed site with redevelopment potential (STCA)
UNDER BENEFICIARIES' INSTRUCTIONS - ENTIRE BLOCK OF 6 X 2 BEDROOM FLATS PLUS 5 CAR SPACES - EXCEPTIONAL LOCATION CLOSE TO CLOVELLY BEACH Constructed in the 1960's this block of six is in sound condition and offers an opportunity for both the investor and developer. Enjoying an elevated position facing north and overlooking the valley with unrestricted outlook. The building is constructed of full brick with suspended concrete slabs supporting parquetry floors. Two flats on each of three floors separated by a shared laundry on each level - the flats have no common walls.
- First time offered in almost half a century
- Elevated above street level
- Sizable sun-terrace accessed from flat 1
- Huge utility area with redevel...
Freehold Shop and Residence with Upside Gunning Commercial in conjunction with McGrath Estate Agents are excited to offer for sale by public auction this wonderful freehold shop and residence with huge upside.
Situated on busy Anzac Parade, this property benefits from two street frontages and enormous street exposure and passing trade to Anzac Parade.
This property features:
- 187sqm of land approx - NLA: 115sqm approx - Floor Space Ratio of 3:1 - Versatile B2 Local Centre zoning - allowing for a variety of uses - Rent: $93,363.48 pa + GST (Gross) - Term: Expired 30/09/2014 â?? Currently on Holding over lease â?? Month to Mo...
RETAIL INVESTMENT + PARKING Fantastic retail shop Approx. 39 sqms + parking Close to transport and moments to Bondi Junction Westfield and all surrounding attractions Great exposure Ample parking & storage Occupy or lease as a investment Exhaust and grease trap provisions Suit variety of uses (Subject to Council Approval)
AFFORDABLE BEACHFRONT HIGH PROFILE RETAIL NEXT TO MERIVALE'S COOGEE PAVILION Fantastic opportunity to secure a prime retail investment in Coogee Beach operating next to Merivale's "Coogee Pavilion", Oporto's and Subway.
- Approx 23sqm - Offered Vacant possession - Currently trading as a Barber Salon - Would suit a variety of uses (S.T.C.A) - Opposite parking lot and footsteps to the famous Coogee Beach - Ideal entry level retail investment - Perfect for SMSF
Freehold Block of Units Perfectly positioned on Poate Road in the heart of Sydney's tightly held city fringe suburb, Centennial Park. This freehold block of units is located only 2km from Sydney's CBD and is only moments from public transport and all arterial roads. This is the ideal property for the investor, developer or owner occupier looking to secure a rare freehold building comprising of 6 x 2 bedroom plus sunroom units (85sqm each approx.) with future redevelopment potential.
- Invest, strata, develop - A rare opportunity to purchase a well maintained block of 6 - Land area: 460sqm, unit size 85sqm each (ap...
Freestanding refurbished Victorian Villa, 2 Level 20 room boarding house ‘Doncaster Lodge’ is a fully licensed boarding house on 525sqm of land and within a short stroll to UNSW, TAFE, PoW Hospital and Centennial Park
20 bedrooms, 6 bathrooms, 1 office, 1 storage room, 1 parking
Communal kitchen and dining, internet, coin operated laundry and BBQ facilities
GAR in excess of $255k on a fully let basis, annual outgoings $25k approx.
Zoned R3 Medium Density Residential
Direct rear access to Kokoda Memorial Park
Original circa 1890, totally refurbished throughout in 2010
Offered fully furnished, with all inventory accompanying the sale
Proven & s...
Superb Investment & Development Site Positioned in the heart of the Eastern Suburbs, just moments from Centennial Park, Oxford Street shopping, Queen Street Woollahra shopping, Fox/Entertainment Quarter, SCG and City transport on your doorstep.
First time offered in 90 years. Two substantial freestanding properties positioned side by side and to be offered in one line, comprising:
No 64 – split level home, 3-4 bedrooms, ample living areas, city views, garaging
No 66 – duplex with 2 x 2 bedroom apartments and garaging
Currently fully leased – GAR $110,000pa
Land area : 743sqm FSR 1.5:1. Height limit 15 metres. Two se...
Affordable Double Fronted Investment Renowned cafe located within walking distance to Bondi Junction & Charing Cross shopping hub One car space Established Tenant 3 x 5 x 5 year lease commenced in 2013 Current Annual Rent $36,400 + GST (Approx.) Tenant pays 100% of the outgoings Council rates $164.50 /quarter Strata $560 / quarter
Renovated 2 level shop/commercial space & 3 bedroom residence with LUG Prime corner position with double LUG on Alexander Street
Tandem car-port on Dudley Street
Featuring a sundrenched North facing aspect
Fully self-contained open plan commercial/retail space
Accommodating modern first floor 3 bedroom residence
2.5 bathrooms, open plan living dining area
3 spacious bedrooms, 2 bedrooms enjoy access onto sunny North facing terrace
Bright and spacious living
Featuring high ceilings and polished timber floors
Modern kitchen and internal laundry
Land size 240sqm
Zone R3 (Medium Density Residential)
New Rental Income as per CPI (2014): $82,268.16 pa
ENTIRE BLOCK OF 9 APARTMENTS
SOLD ALL IN ONE LINE - 6 X 2BR + 3 X 1BR - 8 LUG + 1 CARPORT Rare opportunity for investors & developers alike to secure this substantial block of 9 apartments. In an extremely desirable location & easy access to the revitalised Randwick Racecourse, Centennial Park, Moore Park Golf Course, NSW University as well as accessibility to shops, beaches & transport including the light rail being built. Each apartment offers a highly functional floor plan, plenty of natural light & a large common garden. All apartments have a spacious layout; All with large balconies & internal laundries; 8 with lock-up garages & one with carport; Potential for refurbishment; ...
PROMINENT CORNER FREEHOLD BUILDING Rare opportunity for an owner-occupier or astute investor to acquire a substantial retail investment, prominently located on the corner of Bronte Road & Birrell Street.
+ 423.7 sqm (approx.) of Land + 420 sqm (approx.) of internal GLA including ground floor retail & lower ground storage/workshop + Prominent corner location, offering huge street frontage + Off-street customer parking for 5 cars, plus under-cover parking/workshop + Suits a variety of retail/commercial/showroom uses or residential conversion (STCA) + Zoning: R (3) medium density residential + F.S.R: 0.9:1 (Height limit - 12 met...
Ideal owner occupier or investment opportunity at budget price Lots of passing trade on this busy road. This Strata title shopfront to will suit many commercial or retail uses STCA. Modern and ready to occupy, 35m2 with security car parking and disabled access.
Shop & Residence - Outstanding Long Term Investment Opportunity Situated in this highly visible and convenient location is a superb investment opportunity. Known as Coogee Convenience this shop and 2 bedroom residence with own private courtyard provides a wonderful investment.
Featuring a shop area of 40 square metres plus residence, the property currently produces a net annual rental of $62,220 incl GST, plus 100% of the outgoings.
- Lease term: 5th year of an original 5 plus 5 year lease
- Potential also to split the shop and residence under existing Strata By Laws.
An outstanding investment opportunity with further potential for an owner occ...
RARE OFFERING - SHOP & RESIDENCE WITH DEVELOPMENT POTENTIAL + 133 sqm (approx) comprising 49 sqm shop and 84 sqm two bedroom residence. + Shop currently fitted out as cafe + To be provided with vacant possession + Unbeatable location in the heart of Coogee only moments from the beach + Car space on title with rear lane access
Potential Shop Rent: $80,000 gross pa + GST Potential Residence Rent: $20,800 pa