For Sale - Price Guide $2,500,000
154 Spit Rd, Mosman, NSW 2088
This comprehensive freehold investment is the best opportunity in the Lower North Shore of Sydney. It is a unique and multifaceted investment with both a retail bottle shop and a fully renovated apartment, offering additional rental income through Airbnb.
- Property Details:
- The size of the land area is (215 SQM approx.) plus the building has the unique combination of a retail shop and a fully renovated apartment.
- Both properties have separate access to the apartment and shop, providing privacy for the residents and business customers
- Rental Income:
- Showcasing the additional rental income from the apartment through Airbnb, the approx., income from the Airbnb is $35,000 per year.
- Retail Shop rent is $92,000 plus GST per year.
- 3 Year Lease + 3 Year Option
- CPI increases pa.
- Total income $127,000 per year. approx.
- Equipment and Furnishings:
Fixtures and inclusions included in a detailed equipment list for the retail shop and Airbnb e.g. all of the furniture in the apartment included. - Operational Structure - Retail Tenant:
The current business has been operating for 70 years, it’s a well know business and it enjoys a rich history.The business emphasizes a diverse product range, showcasing the variety of offerings available to the local community.The business has an impressive weekly turnover of $15,000-$18,000, demonstrating the business's financial strength. - Investment Potential:
The property as an excellent investment opportunity for a local developer, emphasizing the potential for business and capital growth. - Urgency:
Potential buyers will need to act quickly, emphasizing the uniqueness of this opportunity and the rarity of freehold liquor store offerings in the market. - Land Zoning:
CA - Complex AreaE1 – Local CentreHeight of Bui...