1/1015-1023 OLD PRINCES HIGHWAY, ENGADINE

Size: 96m²

Auction: For Sale : SOLD UNDER THE HAMMER!

save as calardar appointment Thu, 19th Apr 2018, 6:00 PM

Venue:
Doltone House , 223 Belgrave Esplanade Sylvania Waters [ Save Date/Time | Get Directions ]

RETAIL SHOP LEASED TO RESTAURANT! + FUTURE UPSIDE POTENTIAL!

Gunning Real Estate is pleased to present for sale via Public Auction (if not sold prior) this fantastic investment opportunity. The property on offer is a small ground floor strata shop, fully fitted out and leased to a restaurant.

The property is located within a popular suburban business hub situated just 1-2 doors down from Club Engadine and Engadine Central Shopping Centre which features many specialty stores and is anchored by supermarket giant Woolworths.

The shop is part of a small strata scheme situated on a large circa 1,500sqm block of land. Hence future upside may come from amalgamating the strata for redevelopment. In the interim the rear of the site serves as a large car park for tenants & customers and provides easy rear lane access for loading and deliveries.

KEY FEATURES
- Size: 96sqm*
- Large car park at rear
- Fitted out & leased to a restaurant
- Current income: $39,098.40 p.a. + GST
- Future upside potential

* Approximately - as per strata plan

AUCTION DETAILS
Date & Time: Thursday 19th April 2018 @ 6pm
Venue: Doltone House - 223 Belgrave Esplanade, Sylvania Waters NSW 2224

SEE ATTACHED INTERACTIVE FLOOR PLAN!

For more information or to inspect the property, please contact our Hurstville Office on 02 9698 0222 or:

William Gunning
M: 0413 610 194
E: williamg@gunningre.com.au

James McKenny
P: 0423 048 814
E: jamesm@gunningre.com.au

PROPERTY OVERVIEW

Property ID:
1P4688
Property Type:
Retail
Building Size:
96 m²

FEATURES

Air Conditioning
Close to Transport
Close to Shops
Close to Schools
Car Parking - Surface
Exhaust
Existing Fitout
Grease Trap
Kitchenette

OUTGOINGS

Council Rates:
$280.5 Quarterly
Strata Levies:
$1086.8 Quarterly