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Medical For Sale found in SYDNEY SURROUNDS (METROPOLITAN), NSW

COMBINED COMMERCIAL/RESIDENTIAL INVESTMENT

Medical

A unique opportunity on the Peninsula has come to the market with this corner positioned property zoned B1. Suitable for an Investor or future development with attached residence.
The shop is leased to a catering company and is approx 63m2. It is fully fitted out with reception area, coated floors, food preparation area, coolroom, stainless steel splashbacks and sink, exhaust fan, grease trap, 3 phase power and storeroom. There is also concrete hardstand at the side (approx 88m2).
The current lease expires in May 2019 with a 3 year option.
Adjoining the shop is a 3 bedroom residence with built in robes, 2 bathrooms, polished floors, lounge/dining, rear yard and shed, separately metered for power and water and a firewall between the shop and residence, all situated on a parcel of land (approx 477m2).
The tenant in the dwelling has been a long term tenant of approx. 12 years.
The zoning lends itself to shop top housing, business premises, medical centres and neighbourhood shops to name a few, all permitted with consent from Council.
For sale $850,000 NO GST applicable

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Price: $799,000 No GST - Going Concern    Building: 477m²    Land: 477m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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