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Retail for Sale in Randwick
Freehold Building in High Profile Location
- Building: 252m²
- Land: 82m²
Next Steps:
Enquire with agentAdditional Information:
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- Fully Leased Investment
- Prominent Corner Location
Ray White Commercial Eastern Suburbs is excited to present an excellent investment opportunity at 1 Belmore Road, Randwick.
Offered as a fully leased freehold investment, the property is a three storey building features of one retail and two renovated commercial office suites. Ground floor retail is tenanted by a long standing pharmacy, the first floor consists of a Tuition centre with light filled interiors. The second floor features an Architectural studio with easy flowing layout. Situated on the corner of Belmore Road and Alison Road, the property boasts high pedestrian and vehicular exposure.
Key investment highlights:
- Fully leased with diverse & multiple income stream
- Gross passing income - $129,273.16 + GST* per annum
- Building area 252sqm*
- Favourable E2 Local Centre zoning
- Upper floor previously residential and can be converted back to Residential
- Prominent corner location with high exposure
- Close to shops, cafes, restaurants & amenities
*approx
252m²
82m² / 0.02 acres
Tenanted
Retail, Offices, Medical/Consulting
Next Steps:
Enquire with agentAdditional Information:
More Info
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