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Sold Hotel/Leisure found in INNER SOUTH WEST (METROPOLITAN), NSW

SOLD UNDER THE HAMMER! - LARGE BLOCK OF LAND WITH BOOMING RE...

Investment | Retail | Development/Land | Hotel/Leisure

Gunning is pleased to present for sale by Public Auction a fantastic freestanding retail investment property currently operating as a highly successful restaurant. The property is fully fitted for food complete with facilities such as grease trap, exhaust, cool room, freezer, display counter and many others. The property also boasts rear access for loading and customer parking on site.
Conveniently located circa 120m to Beverly Hills Train Station and circa 900m to the M5 motorway on and off ramps the property boasts strong surrounding infrastructure. It is also has great surrounding amenities such as good schools, cafes and restaurants all helping promote strong customer foot traffic past the property.
KEY FEATURES
- Land Area: 844sqm*
- 11 allocated car spaces on site
- Huge 19m* Frontage with prime signage
- Rear access for loading and customer parking
- Strong performing tenant with great fitout
- Huge future development upside STCA
* Approximately
NOTE: Business is not for sale
LEASE DETAILS:
* Current Rent: $86,594.75 p.a. + GST
AUCTION DETAILS
Auction Date: Thursday 17th March 2016
Auction Venue: Club Central Hurstville, 2 Crofts Avenue, Hurstville 2220
Time: 11:00am
SEE ATTACHED INTERACTIVE FLOOR PLANS AND VIRTUAL TOURS!
For further information or to inspect the property, please contact:
Malcolm Gunning
M: 0413 872 422
P: (02) 9310 9211
E: malcolmg@gunningre.com.au
James McKenny
M: 0423 048 814
P: (02) 9310 9208
E: jamesm@gunningre.com.au

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Sale Price: Contact Agent    Building: 844m²    Land: 844m²

SOLD - BY CHRIS MUNK

Hotel/Leisure

* Located near St George Public Hospital
* Adjoining Blue Shield Specialist Medical Centre
* Part of Blue Shield stage 2 site
* Stratum Site area 538m2 (approx)
* Zoned - Business 3 (b) Town Centre
* Already built to podium slab with lift shaft, shared storm water detention, substation at service rooms
* Including 10 basement strata car spaces
* Conveniently located between St George Public Hospital and National Day Surgery
* Option available to acquire larger site with DA approval for commercial car park - 161 spaces
* Feasibility of supply and demand studies available
* Life time opportunity - Will be SOLD!
Contact:
Chris Munk
0419 442 620
chrism@commercial.net.au

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Building: 538m²    Land: 538m²    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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