NORTH SHORE MIXED USE INVESTMENT WITH OUTSTANDING POTENTIAL OPPOSITE WAITARA TRAIN STATION

- PLANS FOR FOUR APARTMENTS AND A RETAIL SHOP
- POTENTIAL TO EXTEND AND RENOVATE (EXISTING STCA)
- HUGE SITE OF 342 SQM (approx.)
- MIXED USE ZONE
- CURRENT INCOME $57,144 PER ANNUM

The freehold mixed-use investment comprises three tenancies across the 200sqm* of building area. The 342sqm* site features dual street access to Waitara Avenue as well as rear lane access. The tenants include Kumon Education, Dry cleaner and a spacious one-bedroom apartment with separate access.

The benefit of purchasing 12 Waitara Avenue, Waitara:
- Current Income from three (3) tenants
- Excellent location surrounded by well established companies such as Mazda, Kia, Holden, McDonald's, Beacon Lighting just to name a few
- Potential development with plans for of a commercial shop as well as 2 x 1-bedroom units and 2x2-bedroom apartments all with parking (STCA)
- Rare affordable North Shore Commercial Real Estate with income
- Currently under let - offering potential for rental growth
- Huge allotment of land of 342 sqm (approx.)
- Right on the train station
- Dual access with parking

For further information please contact exclusive agents Raine and Horne Commercial.

Michael Buium 0408 385 385