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40-42 Gardeners Road, Kingsford, NSW 2032
Superb Commercial Investment with Sensational Rental Income
Potential Redevelopment Site - Whole Building to Be Offered in One Line.
Zoned B2 Local Centre.F.S.R 3:1 and height limit 24 metres.Current annual rental income is a combined $269,000 approximately.Right of way from Housten Road, giving the rear warehouse Rolla door access.
A rare opportunity to acquire this superb investment while benefiting from fabulous existing income: Close to all amenities, transport, Sydney Airport, University of NSW, Prince of Wales Hospital and new light rail interchange provides a quick 10m journey to Sydney CBD.
Site Area is 347.8m² Approx with 600m2 of lettable area, beautifully constructed building features concrete slab on ground and first floor."Suite 1" - 237m²"Suite 2" – 80m²Shop 40 – 94m²Shop 42 – 94m²"Warehouse" 115m²TOTAL 620m²Water: $1,235 pa ex GSTCouncil $5,438 pa ex GST
The rental incomes for (5) lettable entities are as follows: AFES $99,283 pa inc. GST DFS $47,250 pa inc. GST DFS $44,982 pa inc. GST DFS $48,265 pa inc. GST DFS $30,089 pa inc. GST $269,869 pa inc. GST The outgoings are approximately pa: Kingsford is one of Sydney's most vibrant and connected suburbs. Perfect connectivity to amenities such as parks, beaches, Shopping Centres, supermarkets & main arterial roads is unmatched and like no other suburb in the Eastern Suburbs.
Contact: Carl Wilson for Information Memorandum 0410 668 333 or [email protected]
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested parties should make and rely upon their own inquiries
Property Info
Home Estate Agents - Maroubra Maroubra
335 Maroubra Rd
Maroubra, NSW 2035
Tel: (02) 9349 7177
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Carl Wilson
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