Laing + Simmons Fairfield and Laing and Simmons Commerical South East are pleased to present to the market 9-11 Gymea Bay Road, Gymea NSW 2227 for sale by the Public Auction.
This is an exciting opportunity for any savvy investor to acquire a "trophy investment" with longstanding tenants in a desirable and spectacular location only seconds from the train station and located in arguably the Sutherland Shires best shopping village surrounded by long established local businesses.
This imposing corner property situated on the corner of Gymea Bay Road and Warburton Street offers a diverse income stream from nine tenancies that include 4 shops, 3 commercial suites and 2 residential units.
Located right in the heart of Gymea shopping village, this building is a once in life opportunity for any shrewd and knowledgeable investors who would like to acquire such an irreplaceable trophy asset with a long-term committed tenants.
The property is not only valuable because of its heavily exposed corner location (B2 Zoning Local Centre) within seconds to Gymea Train Station, multiple bus stops, mix of local retailers located along Gymea Bay Road but for its diverse income stream from nine long-standing tenancies
Key Investment Highlights include:
• Site of 533.5sqm (approx.)
• Building area of 637.2sqm (approx.)
• Diverse income derived from 9 tenancies
• Lessees & tenants committed for on long term leases
• Gross income of $353,442 per annum and offering future rental growth
• Zone: B2 Zoning Local Centre
• Close to beautiful Cronulla beaches and Royal National Park and all amenities surrounded.
• Potential to value add
• On site car parking
*Approximately
Contact:
Ian Luong 0411 608 288
Michael Buium 0408 385 385
Remember to mention you found this property on CommercialReady
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