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Sold Development/Land found in SOUTH (METROPOLITAN), NSW

SOLD BY HAYDEN BENNETT & DAMEN ASTEY DEVELOPMENT SITE - SUTH...

Development/Land

Located on Boyle Street, Sutherland this unique exciting development opportunity within the core of Sutherland CBD.
3 Boyle Street provides approximately 891m² of rectangular land accessible via both Boyle Street and Mccubbens Lane to the rear. The 24.5m* frontage provides excellent scope for development as well as exposure to passing traffic.
Key Features:
* Zoned B3 – Commercial Core under Sutherland Shire LEP 2015
* Floor Space Ratio of 3.5:1
* 30m maximum building height
* 2 minutes* walk (180m*) from Coles Supermarket
* 3 minutes* walk (260m*) from Sutherland Station
* 800m* from Sutherland Leisure Centre
* 1.4km* away from Princes Highway
The location is front and centre to Sutherland CBD. The property benefits from rear lane access as well as ample Council parking via Eton Street and Boyle Street. The property was once home to NSW Police Force. In recent times, it has been occupied by a Music Studio. There are two small freehold lots bound to the East and West.
*Approximate
Contact Damen Astey on 0431 817 616 or Hayden Bennett on 0477 665 455 for more information.

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Building: 891m²    Land: 891m²    Occupancy: Vacant

FREEHOLD PROPERTY / MULTIPLE INCOMES + SELF STORAGE FACILIT...

Investment | Industrial | Development/Land

Gunning Real Estate is pleased to exclusively present this free standing property which includes a self storage facility as a going concern, retail shop and caretaker's residence as tenanted investments.
The property is located on the high exposure corridor near high volume bulky goods retailers in the Caringbah industrial area.
This represents a rare opportunity to secure multiple and diversified income streams with strong upsides for further development and appreciation in this growth area.
Eze-Store Self Storage is an independent company which has successfully operated for over 30 years at this location. The 40 self-storage units of various sizes have rentals ranging from $100 to $600 per unit per month.
The multiple income streams include:
40 Self Storage units/facility:
• Occupancy fluctuates between 65 - 75%+
• Tenants are under month to month rental agreements
• 67% occupancy currently produces revenue of $84,000 PA ex. GST
• Strong potential to improve the occupancy level and profits
• Potential to add another level of self storage (STCA)
HIGH POTENTIAL TO INCREASE RETURNS
Retail Café:
• 70 sqm approx.
• Rent $34,909 PA ex. GST
• 3 year lease from 11/2016 - 11/2019
• Annual rental increase to CPI
• Long history of successful retail trading from this site
Caretaker's Residence:
• 1 bedroom fully self-contained unit
• Long term tenant
• Month by month lease
• Rent $300 per week / $15,600 PA
First Floor Offices:
• Two offices and foyer - 48 m2 approx.
• Office 1 used for Eze-Store
• Office 2 is vacant - additional rental potential
Total revenue of $134,509 PA ex. GST approx. with high potential to increase revenue.
For interested parties who prefer a non-active role in managing the self storage facility we can discuss how this could be achieved.
PROPERTY PLANNING CONTROLS AND PARTICULARS:
Zoning: ING 1 - General Industrial
FSR: 1.5:1 Range (1.50 -1.99)
Height of Building: 16m maximum
Dimensions: 12.62m / 12.29m x 87.5m / 85.78m
Land Area: 1056 m2
Engineering plans are available showing the self storage area was originally engineered and approved for a single large factory unit, representing a possible upside for further development (STCA).
The property will be sold and is an opportunity not to be missed!
For more information or to inspect the property, please contact:
Robert Maher
P: 0432 878 398
E: robertm@gunningre.com.au

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Sale Price: Contact Agent    Building: 563m²    Land: 1056m²

SOLD BY DAMEN ASTEY & HAYDEN BENNETT

Investment | Development/Land | Other

Located on Willarong Road, Caringbah is this prime investment opportunity with further development upside. Land area of some 2,086m² that was redeveloped into a strata title of 6 lots all fully leased. Close proximity to Captain Cook Drive as well as Caringbah Shops and Train Station makes this a well located development site with strong rental income. Features include:
* 2,086m² approx land area
* Constructed in approx 2004
* Six Strata Titled Townhouses
* 5 x 3 bedroom townhouse plus 1 x 2 bedroom townhouse
* Current combined annual rental income of approx $182,000.00 pa
* Zoning R4 High Density
* FSR 1.2:1
* 16m building height limit
Please contact Hayden Bennett or Damen Astey for further information.

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Sale Price: Contact Agent    Building: 2086m²    Land: 2086m²    Occupancy: Tenanted

VACANT LAND - PART-ONLY DEVELOPMENT SITE

Development/Land

EXPRESSIONS OF INTEREST FOR SALE BY OWNER POSSIBLE PART-ONLY DEVELOPMENT SITE.

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Sale Price: Contact Agent    Land: 550m²    Occupancy: Vacant


SOLD BY HAYDEN BENNETT & DAMEN ASTEY - PRIME DEVELOPMENT OPP...

Investment | Development/Land

Located on Old Princes Highway, Sutherland is this unique twin hold property in a prime location. All Sutherland has to offer is right at the doorstep.
844-850 Old Princes Highway provides approximately 980m² of rectangular land accessible via rear lane known as Gray Lane. The 24m frontage provides excellent scope for development as well as exposure to passing traffic.
Key Features:
* 980m²* land
* Rear access via Gray Lane
* 24m* frontage to Old Princes Highway
* Zoned B3 – Commercial Core under Sutherland Shire LEP 2015
* Floor Space Ratio of 3:1
* 40m maximum building height
* 350m* from Sutherland Station
* 50m* from Coles Supermarket
* 500m* from Sutherland Leisure Centre
* 1km* away from Princes Highway
* Combined holding income of $165,521.85* pa + GST
*Approximate
Contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616 for more information today!
*Imagery outlines indicative only

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Sale Price: Contact Agent    Building: 652m²    Land: 980m²    Occupancy: Tenanted

LARGE BLOCK WITH TOWNHOUSE DEVELOPMENT POTENTIAL.

Development/Land

Gunning Real Estate please to present two separate residences on a double sized block at Caringbah South.
The two executive designed homes feature open plan living space flowing onto entertaining areas and private court yards. The estate design provides flexibility for many lifestyle situations with two fully self contained homes. This is a rare opportunity for extended families or combined home and business arrangements.
THIS FINE PROPERTY WILL BE SOLD!
• A rare opportunity - two separate homes
• 1182m2 block
• 2 Block DA. Sub-Division compliance
• R2 Zoning - high appreciation potential
• Suitable for (4) townhouse STCA
Inspection is highly recommended. Conveniently located to Caringbah shopping centre, schools, marinas and just 3.6km to Cronulla Beach.
This property will be sold and represents a rare opportunity which should not be missed!

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Sale Price: Contact Agent    Land: 1182m²

SOLD BY HAYDEN BENNETT - LEVEL, VACANT LAND WITH DA

Development/Land

Located in a B7 Business Park zoning is this fairly sized 1,266m² level land block ready for an investor or owner-occupier to capitalise and build their vision.
The former Johnson and Johnson land holding was subdivided by Leda Holdings in 2013. The subdivision has been tremendously successful with a complete sell out. Many blocks are owner-occupied with large scale businesses. The zoning is most appealing permitting office and light industrial.
The property already provides Council approval for two warehouse units. Prime features include:
* 1,266m² (24.5m frontage)
* Services ready (power and water)
* DA approval
* FSR of 1.5;1
* Maximum building heath of 16m
Contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616 for more information or to arrange an inspection.

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Building: 1266m²    Land: 1266m²    Occupancy: Vacant

SOLD BY HAYDEN BENNETT & DAMEN ASTEY - INDUSTRIAL LAND 1,278...

Industrial | Development/Land

Opportunity to now purchase your own industrial land block. Availability for this size land block is currently in short supply. Either occupy as land for storage or lodge plans to purpose build your ideal building.
* 1,278m²
* Corner position
* Zoned IN1 - General Industrial
Contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616 for more information!
*Agents interest

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Building: 1281m²    Land: 1281m²    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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