BALGOWLAH

Sold
Contact Agent

Freehold Building With Endless Opportunities

Retail
258m2
346m2
Commercial Licensee/Director in Charge

Freehold Building With Endless Opportunities

Retail
258m2
346m2

Freehold Building With Endless Opportunities

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 ***

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Interested in this property?

Please complete the form below and one of our friendly team will be in touch soon.

Subscribe Consent
Email