Held by our vendor for many years, this fabulous building comprises of retail ground floor & residential upstairs.
You have the control with the property being on its own title which means NO BODY CORPORATE!
Conveniently located on Nepean Highway with the upstairs residences having breathtaking views over the bay. Neighbors include well known businesses such as "Riviera Hotel" and "Thirsty Camel".
Picture this, you can cool off at the end of a hard day with just a few steps to one of the bays most beautiful beaches.
This property offers savvy investors plenty of potential.
Key features include:
* Total building area: 446sqm*
* Total land area: 581sqm*
* Ground floor retail area of 200sqm* returning $35,000 p.a. + GST + outgoings
* Two (2) upstairs residential apartments featuring 2 bedrooms/ 1 bathroom per apartment with a combined rental return of $32,328 p.a.
* Very modest rental return
* Potential for future 3rd floor (STCA)
* Two titles
* Zoned Commercial 1
For further information or to arrange an inspection, please contact:
James Dodge 0488 586 896
David Olding 0408 358 891
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Remember to mention you found this property on DevelopmentReady.com.au
581 m² (*approx)
Commercial, Other, Other
Commercial development Opportunity (STCA)
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