Lakemba

Top location, Easy access to all main Roads!

| For Sale

3 car spaces
Contact for price
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Description

Middle of Lakemba Hub, Great exposure in the centre one of the most successful trading Streets, & Areas,
3 level Building consisting of rear access to a fully equipped Gym, potential rent $55,000 per year,
Street level front of the shop, shop area of 270 m2, most popular business to stay on, signing new lease potential rent $162,200 per year,
top level 7 individual offices, providing tenants with separate services, total area 167 m2 current rental $72,800 per year, Total Rental return, $290,000, or 6.4% net yield Great investment Great return,
total land area 328 m2, top level tastefully decorated, covered terrace with seating provided, rear lane access, with 3 car spaces, building as new, only recently renovated, Rear stairs, totally air conditioned, having toilets on each level, 2 kitchens, waiting room in the top level, security building , plus mechanical ventilation in the Gym, Cameras throughout, one of the best investment that we are offering, Nothing to spend, well presented & maintained building must be seen to be appreciated, Potential to increase Building height, STCA , B2 ZONING
Located in the main Shopping Strip of Very popular Lakemba, 100 meters to Railway station,
close to all amenities, Centre of the shopping Strip, Close to Baptism Church, Woolworth Lakemba, Holy Spirit Catholic College, Lakemba fire station only 400 meters away , Ernest St Masjid/ mosque, Lakemba RSL, Lakemba mosque, Cao Dai Temple of NSW, Aldi Lakemba, Bulldogs Club, & Belmore sports ground, RFBI masonic Village Super cheap Auto, Harvey Norman, 7 Eleven, Close to Schools, Main Roads, restaurants, cafes, entertainment, business centres, Airport,
So Many features, located on the edge of Inner west, with easy access to all main Roads & freeways, & freeways, & business centres, shopping centres, Canterbury Hospital, Roelands Shopping Centre, Distance to Kingsford airport is 16 minute drive (9.9 km
Distance to Sydney CBD 30 minutes’ drive (24 Km)
Distance to Council Public Parking 2 minutes’ walk (100M)
Distance to NAB,CBA,WESTPAC 1 minute walk (50M)
Centre of the Haldon street annual festival draws approximately 25,000 people to the heart of Lakemba’s,
Check details on this link; https://www.youtube.com/watch?v=UBKAXlgIDME&feature=youtu.be
During this event stallholder lease the shop front of Landlords and council
1. Ramadan Nights in lakemba draw up to 30,000 people a night https://www.broadsheet.com.au/sydney/food-and-drink/article/lakembas-ramadan-nights-festival-has-been-cancelled
2. https://www.youtube.com/watch?v=BayMs9ufo8M
Please contact Prestige Realty reception on (02) 9713 2811 to enquire about above-mentioned property or call
Joe Owen directly on 0414 402 221
Asquith Developments Pty Ltd atf The Asquith Unit Trust ABN 44 104 489 590 t/as Prestige Realty Group.

Property Location