Solid Investment or Development Opportunity !!!
Boasting a well positioned Shopping Arcade with 18 shops, FULLY Tenanted (10 with expired leases),
this is a fabulous opportunity to invest into a stable property parcel with strong yields which services the gateway to the Eastern Suburbs of Sydney.
Regular public transport at your doorstep, busy shopping boulevard, close to schools and places of worship, whilst only minutes to the airport, as well as a short drive to the vibrant Eastern Suburbs beach and cafe culture.
*Fully tenanted shopping arcade.
*1,111m (approx) Retail/Commercial & Residential zoning
*20m Frontage with rear lane frontage.
*Ideal Landbank with solid yield (that can be improved)
*Potential to completely redevelop (STCA)
*Close proximity to airport, and public transport at your door step.
*Rear lane docking access
*Can be transformed into a larger multilevel shopping centre (STCA)