SOLD BY LOUIS KARARBERAS & MATTHEW MCHARDY - MULTI TENANTED PROPERTY WITH HIGHRISE DEVELOPMENT UPSIDE This versatile property positioned in the heart of a buzzing retail hub represents value at its best from every possible angle.Comprising of two retail shops and first floor commercial space (which is currently operating as a functions venue) offers the potential of three stream income (with anticipated rental of $145,000 gross PA + gst on fully let basis), representing a guaranteed solid yield investment for the astute investor or an ideal investment opportunity for SMSF (self-managed super funds). Alternatively you may occupy part of the ground floor prime retail space (which is currently vacant) and see your business flourish by the high pedestrian traffic trade while you receive an income from the rest of the building. It also provides a unique mixed (residential / commercial) development opportunity (subject to Council Approval) to the shrewd developer who wishes to capitalize on the unprecedented capitalgrowth of the residential development market.This truly outstanding and low maintenance property features:*Land area: 606.30m with dimensions of 14.31m x 42.36m*Total Building area: 720m over two levels commanding frontage of over 14m*Flexible Zoning: Business, under which an array of retail / commercial / professional uses are permissible Rear lane access with ample on-site car parking and loading / unloading dock.Auction:Date: 4th December 2014Venue : Club Central Hurstville, 2 Crofts Ave, HurstvilleTime: 6:00 pm