40 Gymea Bay Road,
Gymea, NSW 2227
Shops & Retail • Medical & Consulting • Offices
Price information
Sale - Auction Tue 10 Dec
Auction - Will be sold
Detailed listing
Key property information
Land area
Floor area
Car spaces
Tenure type
Auction
Private inspections
to arrange a private inspection.
RWC - Greater Sydney South
31 Alexander AvenueTAREN POINT, NSW 2229
40 Gymea Bay Road
Gymea, NSW 2227
Detailed listing
Map of 40 Gymea Bay Road
Train stations within 5 km of 40 Gymea Bay Road, Gymea, NSW 2227 Distance Gymea Station 63 m Kirrawee Station 1.3 km Miranda Station 1.6 km Sutherland Station 2.6 km Jannali Station 2.8 km POWERED BY HERE ©Bus stops within 5 km of 40 Gymea Bay Road, Gymea, NSW 2227 Distance Gymea Bay Rd Opp Gymea Station 166 m Kingsway Before Gymea Bay Rd 173 m Kingsway at Milburn Rd 213 m Hazelhurst Gallery, Kingsway 318 m Tradies Gymea, Kingsway 326 m POWERED BY HERE ©
POWERED BY HERE ©
Foodie Freehold
RWC Greater Sydney South is proud to present an exceptional opportunity to purchase this solid freehold property in the tightly held Gymea high street. This asset will be available to purchase via Auction at Cronulla RSL on Tuesday, 10th December 2024.
Surrounded by Gymea's best restaurants & cafes this property comprises a great ground floor food retail restaurant occupying 98m²* with adequate seating for 34 patrons* with parking and storage provided in addition to the shop. The first floor provides real value with the property offering an additional three bedroom residential apartment on top of the shop to ensure you maximise your investment. Currently occupied on an expired lease by the popular Gymea Chinese Restaurant, the current rent is below market with a passing rent of $82,740 + GST p.a with the tenant offering to remain on a new three year lease at an increased rental^.
The property is located in the highly desirable 'foodie' area of Gymea's high street with a total land size of 228m²* with building improvements totalling 196m²*. Very few properties are offered for sale in Gymea and this is one not to be missed.
Key features to highlight include:
• Prominent street frontage in Gymea's bustling shopping precinct
• Extremely attractive position surrounded by Gymea's best food offerings
• Ability to lease retail & residential areas separately
• Rear access with two car spaces and large storage at the rear
The property is offered for sale via Auction on Tuesday 10th December 2024 at 6:00pm (AEST). The Auction will be held at Cronulla RSL, 38 Gerrale Street, Cronulla NSW 2230.
*approximately
^ Subject to purchaser approval
Surrounded by Gymea's best restaurants & cafes this property comprises a great ground floor food retail restaurant occupying 98m²* with adequate seating for 34 patrons* with parking and storage provided in addition to the shop. The first floor provides real value with the property offering an additional three bedroom residential apartment on top of the shop to ensure you maximise your investment. Currently occupied on an expired lease by the popular Gymea Chinese Restaurant, the current rent is below market with a passing rent of $82,740 + GST p.a with the tenant offering to remain on a new three year lease at an increased rental^.
The property is located in the highly desirable 'foodie' area of Gymea's high street with a total land size of 228m²* with building improvements totalling 196m²*. Very few properties are offered for sale in Gymea and this is one not to be missed.
Key features to highlight include:
• Prominent street frontage in Gymea's bustling shopping precinct
• Extremely attractive position surrounded by Gymea's best food offerings
• Ability to lease retail & residential areas separately
• Rear access with two car spaces and large storage at the rear
The property is offered for sale via Auction on Tuesday 10th December 2024 at 6:00pm (AEST). The Auction will be held at Cronulla RSL, 38 Gerrale Street, Cronulla NSW 2230.
*approximately
^ Subject to purchaser approval
Additional information
External websites
Property ID: 504732872Last Updated: 6 Dec 2024
RWC - Greater Sydney South31 Alexander Avenue
TAREN POINT, NSW 2229
TAREN POINT, NSW 2229