CPG are pleased to present for sale via public auction, the opportunity to secure a highly exposed freehold investment on a main thoroughfare sitting on 222m²* of land with a total building area of 253m²* and rear lane access.
Situated in the heart of Miranda’s retail strip metres from Miranda Station, Westfield's Shopping Centre and Miranda’s high density medical/commercial district, this property is in prime position to capitalise on the passing trade and future flexibility to lease the building as is or in one line while being currently occupied by two separate tenants with ample rental upside.
Key Features:
- Land area of 222m²*
- Building area of 253m²* comprised of a renovated ground floor retail shop and a 2-bedroom unit above
- Freehold retail & residence property with mixed use zoning
- Fully leased with a modern shop fit out
- Current income of $53,853.00 pa + GST
- Rear lane access with a secure garage
- Floor space ratio 2:1
- 20m maximum building height
- Massive exposure to Kiora Road, moments from Miranda Westfield's and train station
For further information or to arrange an inspection, please contact Ryan McMahon on 0429 228 460 or Jackson Chambers on 0476 001 048.
Open For Inspections:
12:00pm to 12:30pm Friday’s
23rd February, 1st, 8th, & 15th March 2024
Auction:
Tuesday 19th March 2024 at 6:00pm
In Room at Cronulla RSL Club (38R Gerrale Street, Cronulla NSW 2230)
*Approximate