Forestville
51 Arthur Street
Auction
AUCTION - 28 April 2016
403 sqms
Key details
Property Type
Retail
Land Area
582 SQM
Highlights
Freehold Retail Investment
The total land size is 582sqm and building size of 403sqm. This freehold block consists of six shops all tenanted by successful local businesses which will suit a long term investor to set and forget or for the keen developer. Situated in Forestville on the corner of Arthur Street and Duke Street on Sydneys Northern Beaches with 7 Council car spaces and one handicapped space located at the front of the building.
The total land size is 582sqm and building size of 403sqm. This freehold block consists of six shops all tenanted by successful local businesses which will suit a long term investor to set and forget or for the keen developer. Situated in Forestville on the corner of Arthur Street and Duke Street on Sydneys Northern Beaches with 7 Council car spaces and one handicapped space located at the front of the building.
- Land 582sqm and Building 403sqm
- Freehold retail block
- 6 Shops all occupied by successful local businesses
- 7 Council parking spaces and 1 handicapped space
- Cross roads position with fantastic exposure
- Steady return with 4% annual reviews
- Outgoings: $17,905 PA
- $122,986 Net PA + GST
- Auction 28th April 2016.
Contact Vincent West on 0403 444 000 or Richard Van Grootel on 0408 033 330 for a copy of the information memorandum
Location:
Forestville is 12 kilometers North-East of Sydneys Central Business District and is at a junction between Sydneys Northern Beaches and the North Shore.
**All rentals are per annum and quoted areas/measurements are approximations only**
- Land 582sqm and Building 403sqm
- Freehold retail block
- 6 Shops all occupied by successful local businesses
- 7 Council parking spaces and 1 handicapped space
- Cross roads position with fantastic exposure
- Steady return with 4% annual reviews
- Outgoings: $17,905 PA
- $122,986 Net PA + GST
- Auction 28th April 2016.
Contact Vincent West on 0403 444 000 or Richard Van Grootel on 0408 033 330 for a copy of the information memorandum
Location:
Forestville is 12 kilometers North-East of Sydneys Central Business District and is at a junction between Sydneys Northern Beaches and the North Shore.
**All rentals are per annum and quoted areas/measurements are approximations only**
Contact the agent
Forestville Neighbourhood Profile
A vibrant suburb characterized by its suburban charm and natural surroundings. It is distinguished by a diverse range of housing, from quaint cottages to contemporary homes, all nestled in scenic bushland. The area boasts a robust community spirit, underscored by local schools, churches, and recreational facilities. Forestville's central shopping area provides essential amenities and boutique shops. Well-connected to Sydney through major roads and public transport, Forestville offers a balance of peaceful living and urban convenience, appealing to families and professionals alike.
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the most favourable sale price (we also know the best local surf breaks, if you’re interested).
