SHOP 7 COMMERCIAL OPPORTUNITY
A unique opportunity to secure 2 Strata Title shops along with basement parking and storage within a strata plan. The site is located on the western side of Military Road, Watsons Bay and offers a high level of exposure due to its position and approximately 20 metres from Robertson Park and moments from Watsons Bay beach as well as the famous Doyles Restaurant.
Surrounding development comprises of residential flat buildings, single residences and mixed-use commercial / residential buildings.
Shops are currently leased to current tenants, both options to renew.
A three level strata title Retail and apartment building along with basement parking and storage.
NET RETURN: $42,415 per annum
SITE AREA: 230 sqm approx as per strata plan
LOT AREA: Lot 7: 117 sqm Lot 8: 113 sqm approx
ZONING: Business neighbourhood 3(c)
CONJUNCTION: STEVEN KRULIS REAL ESTATE