MUST BE SOLD, PRICE REDUCED BY $700K CALL TODAY! LANDMARK FREESTANDING BUILDING | INVEST | OCCUPY | DEVELOP

SOLD

The Entrance NSW 2261

Development

FOR SALE

877m2

    • Building Name SOLD BY MICHAEL BURGIO 0430 344 700
    • Floorplans View Floorplan

Amenities

SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)


| Floor area: 877m2 (approx.)
| Landmark building in the heart of town
| Ground Floor: 409m2
| 1st Floor 468 m2
| 42m2 frontage adjoining outdoor plaza
| Potential to earn $280k p.a.net income - Call The Agent!!!
| Current net rental income $139k p.a that's an 7.77% return
| Idyllic corner positioning with access from 3 streets
| Huge development opportunity with 23m height allowance!
| Set amongst retail precinct in the town centre
| 75+ public car spaces located at rear of building
| Property currently set up as 3 tenancies
| Majestic Cinemas has been operating here since 1934
| Outdoor plaza dining
| Easily accessible loading dock
| Fully functional cinema, however -
- only MINIMAL CONVERSION required from cinema for any use
| Surrounded by shops, restaurants, hotel & accommodation
| Zoned B2 Local Centre
| The Entrance is a popular seaside tourist destination
| 1 minute walk to Memorial Park waterfront precinct
| Centrally located between Sydney & Newcastle
| 1hr 40mins drive from Sydney
| 1hr 11mins drive from Newcastle
| 30 minutes drive from Gosford
| Call today to arrange an inspection.
| This is one not to be missed!!!



All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency.