A fantastic opportunity to acquire these outstanding retail/commercial buildings which offer short term leases to one of Australia’s longest Piano Retailers.
With a commanding presence to the street-scape, these rare buildings with excellent street frontage bound by Edgecliff Road (front) and Pringle Place (rear) and sit on some 190sqm (approx) of land.
The properties benefit from vehicular access form the rear lane.
The properties are fully leased to one of Australia’s oldest Piano’s retailers Hutchings Pianos which is an institution in Sydney.
Located at the intersection of Old South Head Rd and Edgecliff Road the properties are perfectly located in the highly desirable and visible location.
The properties further offer expansive views of the CBD as well as enormous growth and development potential (STCA).
Key Selling Features:
Shop 5 offers an excellent retail space
As well as a two bedroom apartment on the first floor, large courtyard garden, City Views and Lock up garage
Building area – 155 sqm (Approx.) Short term rent – $80,000 per annum
Shop 7 offers a large retail space
Along with two apartments leased separately Land area – 190 Sqm (approx.) each Building area – 225 sqm (approx.)
Short term rent – $113,000 per annum Double Lock up garage
Huge Storage area under the building
Both building area Ideal for further development (STCA) Amazing City views
Easy Walk to Westfield Bondi Junction shops & station
A rare opportunity to secure AAA investment in one of Australia’s most tightly held suburbs.
No 5 & 7 are also available to be bought together