Investment | Retail

Property ID: 264247

 

RETAIL SHOWROOM WITH EXCEPTIONAL EXPOSURE

Shop 1 & 2, 460 Pacific Highway, St Leonards, NSW 2065

Modern retail showroom located on the Pacific Highway set amongst prime retail outlets and only a short walk to St Leonards railway station, 'The Forum' complex, Crows Nest alfresco dining/ shopping precinct, a high growth residential area.

PROPERTY FEATURES:
* 453 sqm (approx)
* Retail showroom with high exposure to Pacific Highway
* 11 security car spaces on title - 8 car spaces leased and 5 vacant
* 2 strata lots with future potentila to subdivide
* Own kitchenette and air-conditioning
* Direct access to exclusive goods lift
* Quality showroom lighting, electric glass entry doors off main foyer with stylish presentation throughout
* Leased to International retailer
* Current income for the showroom and 6 car spaces is $210,574.00 Gross PA + GST plus the additional 5 vacant car spaces with an anticipated rental of $15,000.00 PA + GST + Levies

OUTGOINGS (approximate):
Strata Levies: $44,351.24 PA
Council Rates: 2,893.37 PA
Water Rates: $193.80 PA

For further information or to arrange an immediate inspection please contact LJ Hooker Commercial North Sydney Jennifer Hampton 0402 913 473.

Sold

$2,800,000

Jennifer Hampton

Garry Burling