Freehold shop with development upside

SOLD

155 Victoria Road

Drummoyne NSW 2047

Retail

FOR SALE

151m2

Amenities

Gunning Real Estate is delighted to present to the market for sale by private treaty, 155 Victoria Road, Drummoyne. The property is a single level freehold building with huge development upside and holding over income.

Located just 6km from Sydney's CBD in Drummoyne's cosmopolitan food & beverage and service retail precinct, this property benefits from huge development and reversionary rental upside.

Property Highlights:

- 151sqm of land approx.
- B4 Mixed Use zoning
- 2:1 Floor Space Ratio
- 15 metre height limit
- Holding over income of $52,960.23 p.a net
- Ample parking (including the council carpark at rear)
- Generous Kitchen and storeroom
- Excellent position in an outstanding community


For further information or to obtain an Information Memorandum & Contract of Sale, please feel free to contact the agent.