156 Mowbray Road, WILLOUGHBY, NSW, 2068

Offered for the first time in 28 years, CI Australia is delighted to offer 156 Mowbray Road, Willoughby For Sale by public Auction on Tuesday 22nd March 2022.

156 Mowbray Road comprises a mixed-use freehold building containing a shop, residence and under-croft storage. This charming freehold offers exceptional flexibility with a month by month lease to a physio on the ground and a vacant residential apartment held back from the rental market in the event an owner-occupier wants to occupy the building in its entirety.

156 Mowbray Road is suitable for investors, owner occupiers, landbank developers and value add converters.

Key Features Include:

• Rare shop and residence freehold

• Occupy, Invest, landbank or add value

• 165 sqm of land (approx.)

• Rear lane access with car parking

• Neighboring Chatswood and 8km north of the Sydney CBD

• Reversionary rental potential

• Located in the Draft Willoughby Local centres strategy to 2036

• Huge development potential (STCA)

• The face of Willoughby is changing as large scale developments are underway

• Under-croft storage

• Exposure to 35,000 cars daily

• Renovated shop front with floor to ceiling glazing

• 195 sqm of NLA (approx.)

• Estimated market rent of $70,000 net + GST

For more information or to arrange an inspection please contact Nick Lowry on 0408 891 376

Remember to mention you found this property on CommercialReady.com.au