Retail for Auction
Blue Chip Investment with Solid Income Base & Future Redevelopment Potential (Stca)
Property ID 1897709A rare opportunity to purchase a shopping arcade comprising of 9 shops with 6 long term tenants all of current registered lease agreements. Council Zoning B1- Neighbourhood Centre. Potential future redevelopment consolidating with adjoining properties (STCA). Located in the heart of North Ryde as part of a busy retail shopping strip with a mixture of Retail & Professional Businesses, with high traffic volume visual exposure. Ideal for astute investors / self-managed superannuants, seeking a solid incomes stream plus future capital growth & redevelopment long term potential in this thriving suburb. Close to Epping Road, North Ryde CBD & high density new apartment developments. Set on 663 sqm (approx.) of land with rear lane access.
- Shop Arcade Comprising Of 9 Shops
- Council Zoning B1-Neighbourhood Centre
- 6 X Long Term Tenants
- All Tenants On Current Registered Lease Agreements
- Solid Income Stream From Tenancies
- Solid Rental Income Stream
- Excellent Long Term Investment
- Future Long Term Redevelopment Potential (STCA)
- Land Size 663 Sqm With Rear Lane Access
- Set On Busy Shopping Strip Of Retail & Professional Businesses
- High Volume Traffic Exposure
- Close To Epping Road, North Ryde CBD
Contact David Jarvis on 0418 251 721 for information regarding income and expenditure for the arcade.