Premium Retail Investment with Upside
- Building: 171m²
Ray White Commercial City South is pleased to offer this charming two level retail shop situated in one of Sydney's most sought after suburbs with everything at your doorstep.
This rarely available freehold retail offers potential to retain as an investment or alternatively occupy part or the whole of the property in the future.
Great exposure to passing foot and vehicle traffic, Bus stop, council parking bay and ample street parking at doorstep Close to: NAB, Westpac, ANZ, Ryde Aquatic Centre, Aldi supermarket, Coles Supermarket, Australia Post, Gladesville Public School and Gladesville RSL Club, Easy access to major traffic routes; Victoria Road, Burns Bay Road, City West Link and Anzac Bridge and CBD.
Rapidly developing area with many new apartments being built over the past few years and a number of other apartments on the drawing board.
The key attributes of this fantastic property include:
- A prime two-level retail freehold
- Leased to a number of tenants
- Significant rental income upside
- Current combined income approx. - $50,935 pa
- Anticipated fully leased income approx. $73,500 pa
- Building area 171 Sqm (approx.)
- Land area- 185 Sqm (approx.)
- Potential to further extend and develop (STCA)
- Zone B4 Mixed use
Don't miss your opportunity.