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  • Sold
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #1
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #2
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #3
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #4
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #5
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #6
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #7
SHOP-TOP HOUSING FREEHOLD INVESTMENT - #8

For Sale

Auction 1st Apr 2021 Level 5, 1 Margaret Street, Sydney 2000
Colliers International is pleased to exclusively present 12 Waitara Avenue, Waitara, a shop-top housing freehold investment with genuine development upside ideally located in a convenient Upper North Shore position.

Key Highlights:

+Leased to a reputable retail education operator, Kumon, and a longstanding residential tenant upstairs
+Dual income streams with staggered lease expiries
+Credible rental reversion
+Rear lane access; dual entry points
+Good natural light from north-west facing aspect
+Genuine development potential for 4 units, retail and 7 car spaces (STCA)
+Footsteps from Waitara Train Station
+Excellent exposure to passing cars and foot traffic; approximately 27,000 vehicles pass through Pacific Highway daily and approximately 35,000 commuters use the T1 Hornsby train line daily

For Sale via Public Auction
+ When: Thursday 1 April 2021, commencing 10:30am (AEDT)
+ Where: Cooley Auction Rooms, Dexus Place, Level 5 / 1 Margaret Street, Sydney.

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Features

Total Area - M
NLA 145m2* SITE 341m2*
Net Income
DUAL INCOME STREAMS
% Rent Trading
CREDIBLE RENTAL REVERSION
New Development / Repositioning
GENUINE DEVELOPMENT POTENTIAL (STCA)
  • 03/04/2021
  • Contact our experts for details on this transaction