Retail | Development/Land

This comprehensive freehold investment is the best opportunity in the Lower North Shore of Sydney. It is a unique and multifaceted investment with both a retail bottle shop and a fully renovated apartment, offering additional rental income through Airbnb.

- Property Details:

- The size of the land area is (215 SQM approx.) plus the building has the unique combination of a retail shop and a fully renovated apartment.

- Both properties have separate access to the apartment and shop, providing privacy for the residents and business customers

- Rental Income:

- Showcasing the additional rental income from the apartment through Airbnb, the approx., income from the Airbnb is $35,000 per year.

- Retail Shop rent is $92,000 plus GST per year.

- 3 Year Lease + 3 Year Option

- CPI increases pa.

- Total income $127,000 per year. approx.

- Equipment and Furnishings:

Fixtures and inclusions included in a detailed equipment list for the retail shop and Airbnb e.g. all of the furniture in the apartment included. - Operational Structure - Retail Tenant:

The current business has been operating for 70 years, it’s a well know business and it enjoys a rich history.The business emphasizes a diverse product range, showcasing the variety of offerings available to the local community.The business has an impressive weekly turnover of $15,000-$18,000, demonstrating the business's financial strength. - Investment Potential:

The property as an excellent investment opportunity for a local developer, emphasizing the potential for business and capital growth. - Urgency:

Potential buyers will need to act quickly, emphasizing the uniqueness of this opportunity and the rarity of freehold liquor store offerings in the market. - Land Zoning:

CA - Complex AreaE1 – Local CentreHeight of Bui...