11 - 13 Gleeson Avenue SYDENHAM

11 - 13 Gleeson Avenue, SYDENHAM, NSW, 2044 - Retail for sale

ONLY $425,000

A PAIR OF SHOPS

Pair of lockup shops on one title. Possible subdivision (subject to council approval) Shop 11 has a frontage of 5.45 metres having land area of approx. 70 sqm. Shop 13 has a frontage of 4.3 metres having land area of approx 57 sqm. Located on a main road with excellent exposure. This is a terrific opportunity to refurbish these shops or combined the two to make one large retail shop with a total floor space of approx 127 sqm. Suitable for numerous uses such as restaurant, fish and chip shop, hair salon, dentist, doctor, solicitors and/or commercial offices. Numerous possibilities abound. Located close to station, buses and the local watering hole. Current Rent is Shop 11 - $9,096 per annum Shop 13 - $7,356 per annum TOTAL GROSS RENT $16,452 per annum. NOTE : BOTH LEASES ARE EXPIRED AND ARE ON MONTH TO MONTH TENANCIES.
ZONED : B1 Neighbourhood Centre. BUILDING HEIGHT LIMIT : 11 metres. FLOOR SPACE RATIO : 1 to 1.2. WATER RATES $1,064 pa. LAND RATES $2,180 pa.