* Current income $107,700
* Long standing bakery tenant
* Allows mixed use development
* Tremendous upside potential
Set in the heart of Cammeray Village, this prime retail space and large two bedroom apartment on the first level, represents a rare opportunity to secure property in one of the Lower North Shores' finest suburbs.
The longstanding retail tenant's current lease runs until January 31st, 2019 and enjoys being surrounded by both established businesses and new high end residential developments.
The upstairs apartment has separate access from the rear of the property and offers two large double bedrooms and a light filled living room space with wooden floors throughout.
There is also future development potential (STCA)
The property's B1 neighborhood Business allows for Mixed-Use Development which can be seen from the number of both finished projects and current development applications within the area.
Call Haran of Nick to discuss this fantastic opportunity.