Diversified Retail & Residential Opportunity
* Flexible income streams
* Freehold title (No body corporate)
* Value add potential / Development site (STCA)
This diverse retail/residential property boasts two income streams and is located on a single title, offering the potential for added value and development (STCA).
The property is fully tenanted with a gross rental income of approximately $32,000* per year. It perfectly accommodates a residential tenant at the rear and a retail shop at the front.
Conveniently positioned on Nepean Highway, opposite Edithvale Train Station, this site is extremely visible to over 7,000* passing vehicles daily and is located less than 100m* from the beautiful Edithvale beach, making it an ideal location for both retail and residential purpose.
Key features Include:
* Two income streams
* Situated on own title with rear access lane
* Huge Development potential (STCA)
* Short-term leases allowing for flexibility and market rent reviews
* Perfect beach side location
* 258sqm* land area
For further information or to arrange an inspection, please contact:
Thomas Gordon 0456 353 432
Linda Ellis 0400 480 397
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
