SOLD PRIOR TO AUCTION
LANDMARK COMMERCIAL/RESIDENTIAL IN PRIME POSITION
* High exposure location
* Shop and 2 bedroom residence
* Separate rear access
* Great investment or perfect to occupy
* Potential exists for redevelopment to increase current income (S.T.C.A)
Zoning B2 Local centre
Land area – 114 m2 approx.
Shop area – 30 m2 approx.
Residence area -60 m2 approx.
Present rental from residence $19,760 per annum approx.
Potential gross rent from shop $31,200 per annum plus GST
Outgoings:
Council rates – $4544 per annum approx.
Land Tax- $2,200 per annum approx
Torrents title two level building, first floor with secure tenant till 06/06/15. Excellent exposure in a prime position for investment or owner occupier. Vibrant and bustling retail strip. 4.45m frontage. Future potential development (S.T.C.A) Close to arterial roads including city west link and Parramatta Road. A great opportunity to own a commercial property on a much sought after location.