Property search




Listing ID: 4106039



Louis Karaberas

m: 0414 280 798

p: 02 8713 6810


Download agent details



For Sale


Forthcoming Auction - TWO SHOPS WITH PART RESIDENCES GST FREE


Address:
197-199 Lakemba Street LAKEMBA
Description:
An outstanding opportunity to acquire a full brick two storey building strategically positioned at the Haldon Street and Lakemba Street junction, directly opposite from landmark residential development which will include National Supermarket Retailer (construction to be completed end of 2017) in arguably one of the most vibrant and busy retail shopping strips in Sydney Metro area. The property consists of two totally independent and self contained double storey shop and part residences currently occupied by long established (real estate agency & restaurant) businesses.

Located within walking distance from all conceivable amenities, schools, library, etc. and flexibly Zoned Local Centre B2, which allows a maximum permissible building height of 18m, the subject property lends itself to a substantial future mixed commercial/ residential development while you receive passive income.

The property is sold subject to existing commercial leases, hence NO GST would be applicable in the purchase.

Land Area: 300m² approx.
Land Dimensions: 10m approx. x 30m approx
Building Area: 300m² approx.
Usage:
Investment/Retail/Development
Land Size:
300 m2 approx
Building Area:
300 m2 approx
Property Size:
300 m2 approx
Sale Price:
Forthcoming Auction if not sold Prior
Occupancy:
Tenanted  
Availability:
Now
GST:
Unless otherwise stated, all prices quoted are exclusive of GST.