672-674 Pacific Highway,
Killara, NSW 2071
Shops & Retail • Development Sites & Land • Other
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
RWC - SC
Level 7 / 44 Martin PlaceSYDNEY, NSW 2000
0480 010 3...
672-674 Pacific Highway
Killara, NSW 2071
Map of 672-674 Pacific Highway
MIXED USE INVESTMENT OPPORTUNITY (Mortgagee in Possession)
- Mixed Use Opportunity
- Entire Block
- Mortgagee in Possession
Ray White Commercial (SC) is proud to present to market this mixed use investment opportunity at 672-674 Pacific Highway, Killara. The property will be offered for Auction, under instructions from the mortgagee in possession, on Tuesday 12th April 2022.
This boutique, freehold, unit block features 3 retail shops at ground level and 4 x 1 bedroom units on the upper floor. Offering a strong rental income now, this property benefits from a flexible B2 zoning with the prospect of future upside through renovation and rental uplift, development or repositioning.^
The property is located in central Killara which is one of Sydney's most prestigious Upper North Shore suburbs and presents a significant opportunity for an astute investor or developer to capitalise on strong demand for new housing in one of the most popular neighbourhoods.
Additional highlights of the asset include:
- 3 ground floor retail tenancies, currently occupied
- 4 x 1 bedroom residential units upstairs in original condition
- Estimated fully leased rental income of $126,103 per annum*
- Site area of 670 sqm*
- Low outgoings
- Zoned B2 Local Centre
- Height Limit - 14.5m
- Future rental, repositioning or development upside (S.T.C.A)
- 700m* to Killara train station
The property will be sold via Auction on Tuesday, 12 April 2022 at 10:30 am (AEDT).
For further information, please contact the exclusive selling agents.
*Approx.
^STCA
This boutique, freehold, unit block features 3 retail shops at ground level and 4 x 1 bedroom units on the upper floor. Offering a strong rental income now, this property benefits from a flexible B2 zoning with the prospect of future upside through renovation and rental uplift, development or repositioning.^
The property is located in central Killara which is one of Sydney's most prestigious Upper North Shore suburbs and presents a significant opportunity for an astute investor or developer to capitalise on strong demand for new housing in one of the most popular neighbourhoods.
Additional highlights of the asset include:
- 3 ground floor retail tenancies, currently occupied
- 4 x 1 bedroom residential units upstairs in original condition
- Estimated fully leased rental income of $126,103 per annum*
- Site area of 670 sqm*
- Low outgoings
- Zoned B2 Local Centre
- Height Limit - 14.5m
- Future rental, repositioning or development upside (S.T.C.A)
- 700m* to Killara train station
The property will be sold via Auction on Tuesday, 12 April 2022 at 10:30 am (AEDT).
For further information, please contact the exclusive selling agents.
*Approx.
^STCA
Additional information
External websites
Killara, 2071 demographic data
The median household income for Killara is $2,802, 35% higher than Greater Sydney's household income of $2,077. Killara has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 44% of property owners in Killara have a mortgage.
10,620
Population
$2,802 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
RWC - SCLevel 7 / 44 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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