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CBRE - Sydney

6 Denawen Avenue Castle Cove, NSW 2069

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6 Denawen Avenue,
Castle Cove, NSW 2069

Shops & Retail • Other

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CBRE - Sydney

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
02 9333 33...
CBRE - Sydney
6 Denawen Avenue
Castle Cove, NSW 2069

Map of 6 Denawen Avenue

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MIXED USE FREEHOLD SHOP TOP

  • Anchored by Premium Retail Tenant
  • Brand New 5 + 5 Year Lease
  • Prized Corner | Triple Street Frontage
CBRE as the exclusive sales agent is pleased to present 6 Denawen Avenue, Castle Cove to the market. The property represents an outstanding opportunity to acquire a Mixed Use freehold shop top anchored by premium retailer, Porters Liquor. One of only 10 commercial properties In Sydney's affluent harbourside suburb, Castle Cove.

6 Denawen Avenue, Castle Cove benefits from the following key attributes:

-Mixed Use freehold shop top investment in exclusive Castle Cove
-Anchored by premium retailer Porters Liquor Store with 2 newly renovated apartments above
-Brand new 5 + 5 year lease
-Secure passing annual net income of $131,107*
-Benefiting from recent extensive renovations totaling over $850,000* of works providing significant depreciation allowances
-Highly prized 372sqm* B1 Neighbourhood Centre zoning land holding
-Unrivalled triple street frontages totaling 55m* across Arkley Lane, Warrawee Avenue and Denawen Avenue
-Ample customer parking at the front of store
-Situated in a exclusive strip of shops in the affluent suburb of Castle Cove with a median house price of $3.53M*

6 Denawen Avenue, Castle Cove will be sold via Public Auction at auctionWORKS on Tuesday 4th April at 10:30am

For more information or to arrange an inspection, please contact the exclusive listing agents

Castle Cove, 2069 demographic data

The median household income for Castle Cove is $3,439, 66% higher than Greater Sydney's household income of $2,077. Castle Cove has an older age profile compared to the rest of Greater Sydney (median age 46 vs 37). Property ownership data shows 37% of property owners in Castle Cove have a mortgage.

2,643
Population
$3,439 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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