1/1015-1023 Old Princes Highway,
Engadine, NSW 2233
Shops & Retail • Medical & Consulting • Offices
Key property information
Floor area
Tenure type
Sold on
Map of 1/1015-1023 Old Princes Highway
RETAIL SHOP LEASED TO RESTAURANT! + FUTURE UPSIDE POTENTIAL!
Gunning Real Estate is pleased to present for sale via Public Auction (if not sold prior) this fantastic investment opportunity. The property on offer is a small ground floor strata shop, fully fitted out and leased to a restaurant.
The property is located within a popular suburban business hub situated just 1-2 doors down from Club Engadine and Engadine Central Shopping Centre which features many specialty stores and is anchored by supermarket giant Woolworths.
The shop is part of a small strata scheme situated on a large circa 1,500sqm block of land. Hence future upside may come from amalgamating the strata for redevelopment. In the interim the rear of the site serves as a large car park for tenants & customers and provides easy rear lane access for loading and deliveries.
KEY FEATURES
- Size: 96sqm*
- Large car park at rear
- Fitted out & leased to a restaurant
- Current income: $39,098.40 p.a. + GST
- Future upside potential
* Approximately - as per strata plan
AUCTION DETAILS
Date & Time: Thursday 19th April 2018 @ 6pm
Venue: Doltone House - 223 Belgrave Esplanade, Sylvania Waters NSW 2224
SEE ATTACHED INTERACTIVE FLOOR PLAN!
For more information or to inspect the property, please contact our Hurstville Office on 02 9698 02... or:
William Gunning
M: 0413 610 1...
E: williamg@gunningre.com.au
James McKenny
P: 0423 048 8...
E: jamesm@gunningre.com.au
The property is located within a popular suburban business hub situated just 1-2 doors down from Club Engadine and Engadine Central Shopping Centre which features many specialty stores and is anchored by supermarket giant Woolworths.
The shop is part of a small strata scheme situated on a large circa 1,500sqm block of land. Hence future upside may come from amalgamating the strata for redevelopment. In the interim the rear of the site serves as a large car park for tenants & customers and provides easy rear lane access for loading and deliveries.
KEY FEATURES
- Size: 96sqm*
- Large car park at rear
- Fitted out & leased to a restaurant
- Current income: $39,098.40 p.a. + GST
- Future upside potential
* Approximately - as per strata plan
AUCTION DETAILS
Date & Time: Thursday 19th April 2018 @ 6pm
Venue: Doltone House - 223 Belgrave Esplanade, Sylvania Waters NSW 2224
SEE ATTACHED INTERACTIVE FLOOR PLAN!
For more information or to inspect the property, please contact our Hurstville Office on 02 9698 02... or:
William Gunning
M: 0413 610 1...
E: williamg@gunningre.com.au
James McKenny
P: 0423 048 8...
E: jamesm@gunningre.com.au
Additional information
External websites
Engadine, 2233 demographic data
The median household income for Engadine is $2,303, 11% higher than Greater Sydney's household income of $2,077. Engadine has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 55% of property owners in Engadine have a mortgage.
17,736
Population
$2,303 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
1/1015-1023 Old Princes Highway
Engadine, NSW 2233
Gunning Real Estate - Sydney SouthSuite 181, Level 8, 10 Park Road
HURSTVILLE, NSW 2220
HURSTVILLE, NSW 2220
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