RETAIL SHOP LEASED TO RESTAURANT! + FUTURE UPSIDE POTENTIAL!

SOLD

1/1015-1023 Old Princes Highway

Engadine NSW 2233

Retail

FOR SALE

96m2

Amenities

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