Positioned on the high-exposure stretch of the Princes Highway and across the road from Banksia Train Station and Rocksia Hotel, this mixed-use shop and residence offers strong holding income with future redevelopment potential (subject to Council approval) and presents an exceptional opportunity for investors, owner-operators, or those seeking a live-and-work lifestyle.
CURRENT ANNUAL GROSS INCOME (approx): $54,600.00
Features includes: Retail Shop: Currently leased to cafe: $2,166.66 Per Month. - Approx 62sqm air conditioned retail space fronting Princes Hwy. - Security roller screen over shop windows. - Self contained kitchenette and dining area. - Internal toilet amenities + separate storage room. - Access to rear yard.
Residence: Currently Leased: $550 Per Week. - Three Bedrooms, huge master suite. - Floorboards throughout - Well maintained kitchen - Internal laundry facilities - Private rear courtyard - 2 minute walk to Banksia station, Rocksia Hotel, easy walk to Rockdale station & shops - Ample capacity to increase annual yield for shop and residence.
Outgoings per Quarter Approx : Council Rates $956.10 Water Rates: $781.34
For further information, please feel free to contact one of the below agents
Selling and buying real estate can be daunting and choosing the right agent can be hard. Call us on 02 9599 7100 for a chat and some helpful advice regarding your property.
Shop 3 / 38 Bay Street RockdaleNSW 2216
