BALGOWLAH

Total Building Area: 346sqm. Land Area: 258sqm. This freehold north facing building holds the key elements for an investor or occupier with a keen eye and an innovative approach to make this their trophy asset.

Opportunity knocks;
*Brand new 4+5 year lease to caf on ground floor $45,760 p/a
*Potential income from various tenancies
*Redevelop/residential shop top housing S.T.C.A
*Zoning: B2 local centre Manly Council
*Maximum Building Height 12.5m S.T.C.A
*Invest, Occupy or Both
*Potential to Strata

Features;
*Torrens Title
*Additional 67sqm basement area
*Main Road Exposure
*Rear access
*North facing aspect
*Multiple lettable areas with kitchens and bathrooms
*Close to public transport and council parking
*Cafes, restaurants and convenience shopping at your door step
*Inspections by appointment
* For Sale: $1,250,000 ex GST

Situated along a popular retail strip this building has close access to all amenities any successful business or residential tenant would seek; Australia Post, gyms, childcare, banks, Coles, Bunnings just to mention a few. Also being located on the main arterial road towards the world famous Manly Beach, this location offers exposure to thousands daily.

LOCATION: The building is well situated on Sydney Road close to the Condamine intersection, less than 100 metres to Stocklands Totem Shopping Centre and approximately 2 kilometres from Manly.
Great position with exposure to 4 lanes of traffic and plenty of pedestrians ambling by. For customers there is on street parking and council car parks nearby. For Balgowlahs postcode of 2093 there is a population of over 20,000 people with a median weekly household income of $1,972 (ABS, Census 2011) providing for a large affluent catchment area.

*** All rentals are per annum and areas/measurements are approximations ***