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Freehold Investment with Development Upside

Address

14A Hannah Street, BEECROFT NSW 2119

Size

Total Area: 221 m2

Details

I.B Property is pleased to have sold this fantastic freehold building in a highly desirable Sydney suburb with remarkable development attributes on Hannah Street, Beecroft.

Only moments to all amenities Beecroft has to offer and a short walk to public transport the property is positioned in the neighbouring blocks to the recently developed Beecroft village shopping centre.

Key features include;
– Two-level retail investment with rear access and secure parking.
– 5 + 5 year lease on the whole building.
– Net Income: $152,500 pa + GST.
– Located in centre of the Beecroft’s busy shopping hub.
– Metres to railway station & public carpark.
– Affluent and desirable Sydney suburb.
– Tightly held local business area.
– Future redevelopment potential with a 1:1 FSR ratio.

Invest now, into a developing area.

Price

Sold $2,570,000

Property Type

Retail

Contact

  • Dimitrios Franze
  • Commercial Sales & Leasing
  • M. 0406 558 855
Contact Now