551 Sydney Road,
Seaforth, NSW 2092

Medical & Consulting • Shops & Retail • Other

Detailed listing

Key property information

Land area

Floor area

Parking info

Property extent

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Tenure type

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Map of 551 Sydney Road

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IDEAL FREEHOLD RETAIL INVESTMENT

SECURE LEASE TO PHARMACY
WHOLE FREEHOLD BUILDING
DEVELOPMENT POTENTIAL

RARE PRIME POSITIONED FREEHOLD PROPERTY LEASED TO SEAFORTH PHARMACY!!!

OPPORTUNITY
Whole freestanding building located in the centre of the Seaforth shopping strip.

SECURE INVESTMENT
Retail shop leased to established long term Pharmacy and 1st floor residence leased to on new lease.

DEVELOPMENT POTENTIAL
Potential to add value by adding a second level as per previous DA approval(STCA)

FEATURES
- Quality secure Pharmacy tenancy
- Prime 10 metre Sydney Road frontage - Rear access to Council carpark
- Solid brick construction
- Lease 5 x 5 x 5 years from March 2012
- Rental income $152,928 gross p.a.
- Outgoings $13,893.40 p.a.
- Land area approximately 277sqm
- Zoned Business under Manly LEP

THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY NOT TO BE MISSED!!!

For more information please contact PRIME COMMERCIAL 9966 9000

John Malamas 0424 427 1... or Darren Kable 0424 179 1...

Seaforth, 2092 demographic data

The median household income for Seaforth is $4,184, 101% higher than Greater Sydney's household income of $2,077. Seaforth has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 52% of property owners in Seaforth have a mortgage.

7,384

Population

$4,184 per week

Median household income

42 years

Median age

Owners

Most residents

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Most households