This is a unit in 114/DP628450 Concord NSW. In the local government area Canada Bay, featuring 0 bedrooms, 1 bathroom.
Great Opportunity to Secure Commercial Premises in Concords Exclusive Retail Precinct Offering prime position among well-regarded cafes, restaurants and specialty shops, this is an ideal opportunity to invest and start a profitable business establishment.The existing building consists of:76 Majors Bay Road, Concord-Tenanted investment opportunity (Expired lease month to month, paying $7,877.76 + GST/month)-Reputable tenant who are well-known with the locals Flight Centre-Internal size 60sqm (approx.)-Frontage 3.9m (approx.)-Ideal retail position on Majors Bay Road-Current Net Income: $105,036 pa Inclusive of GST & outgoings (approx.)-Ideal opportunity to start a profitable business-Current provision for a separate entrance-Plenty of scope to create a new look to suit your business if desired-Rear lane access for off street parking-Ideal for retail, food, medical, officesGREASTRAP WILL BE INSTALLED approved for food in current DA78 Majors Bay Road, Concord (Previously leased to Beauty Well)-Currently vacant and ready for immediate occupation-Previously income of $100,000 (approx.) --Internal size 60sqm (approx.)-Frontage 3.9m (approx.)-Ideal opportunity to start a profitable business-Current provision for a separate entrance-Plenty of scope to create a new look to suit your business if desired-Rear lane access for off street parking-Ideal for retail, food, medical, officesGREASETRAP WILL BE INSTALLED approved for food in current DA$6,000 / year in rates (approx.)4 car spaces on titleLand size (approx.): 281.8sqm on titleThe property has DA and CC Approval consisting of the below: Ready to start building. No holding Costs. The tenant will work with the landlord and require to redecorate their shop whilst building process is ongoing.- Second storey including 2 x two bedroom apartments (may be converted to 3 bedrooms)- Apartment 1: 89sqm with potential rental income of $850 per week (approx.)- Apartment 2: 91sqm with potential rental income of $850 per week (approx.)- Approval for restaurants, cafes (including grease trap)Contact Alex Pattaro | Available on 0484 987 778Please note: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own inquiries.