Fully Leased Freehold Retail Investment

261 ocean view road, ettalong beach nsw

Price: For Sale by Auction

  • Prime Corner Position
  • Popular Central Coast Suburb
  • Fully leased retail investment

Property Details

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Fully leased retail investment including 3 bedroom residence, busy cafe, commercial offices, health & beauty, retail and gym
Impressive, recently refurbished building situated on a dominant corner position in Ettalong Beach-popular holiday and commuter suburb

Two storey building (800 sqm) on large 525 sqm site with a huge retail frontage in excess of 49 m
Strata subdivision approved providing multiple exit strategies
Safely diversified income from stable tenant mix with leases up to 2024
Income upside: all affordable rents with good potential for increases
Value add through active management of residential apartment
Ideal location opposite IGA, BWS and Bendigo Bank and only two minutes from Ettalong Beach & Wharf
Central Coast is undergoing rapid population growth, under 30 minutes from Sydney’s Northern Beaches
Multiple daily ferry services direct to & from Palm Beach

Net Income: $186,768 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 525 sqm
Land Size 800 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003474

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

Similar Properties

  • Prominent Freehold Bank Investment

    140-144 main street, lithgow nsw

  • Entry Level Childcare Investment – Brand New 15 Year Lease Min. 3% Annual Increases

    28 keen street, lismore nsw

  • Boutique Childcare Investment – Sydney’s Inner West

    51 crieff street, ashbury nsw