874 Pittwater Road, Dee Why NSW

For Sale

Retail

Price Upon Application

739m2

Total Building Area: 739sqm approx. Land Area = 506sqm approx. Developers and astute investors will not want to miss this chance to secure an iconic freehold building on Dee Why's most desirable corner with strong long standing tenants, and significant future development potential (S.T.C.A).

Features:
* 7 tenants - 5 retail, 2 offices
* Long Leases - up until 2020
* Total Gross Income: $474,708.96
* Total Outgoings: $80,261.15
* Total Net Income: $394,447.81
* Redevelopment clauses in all long leases
* Prominently positioned
* Best exposure in Dee Why
* Common amenities
* Shared loading dock
* Tenancy Schedule upon request
* Development potential (S.T.C.A)
* Zoning - B4 Mixed Use
* Mitigate risk with a multi-tenanted building

Inspections by appointment contact Vincent West 0403 444 000

Dee Why town centre redevelopment is currently underway and is sure to be the business centre of the Northern Beaches. Jump on the opportunity today before it is too late! There is plenty of development occurring in Dee Why bringing with it more people and upward pressure on existing commercial stock. Secure your future today with this once in a lifetime opportunity.

Location:
On Dee Why's most prominent corner of Pittwater Rd and Oaks Avenue, right in the thick of it, just metres from arguably the Northern Beaches busiest bus stop. Great position, close to public transport, parking, Banks, Retailers, Australia Post and less than 2km to Dee Why Beach.