325 Bay Street

Brighton-Le-Sands NSW 2216

Ideal for both Investors and Occupiers, The property is offered with a passing rental income of $84,338.72 excluding GST with both tenants are eager to renew but no current fixed term leases, providing investors the ability to negotiate favourable new rental terms at market rates OR the rare opportunity for an owner occupier to secure a business and living space in the one property.

Features include:
- 127m* land area
- Rear lane access to both shop and residence (Crighton Lane)
- 115m* retail shop
- Spacious 2 bedroom apartment (77m*) overlooking Bay Street
- Combined passing income of $84,338.72 excluding GST
- Well known restaurant operator, Little Sicily
- Potential rental upside
- Zoned SP3 Tourist
- With a 3:1 FSR and 27m building height the property also has future development potential
- 200m to Brighton Le-Sands beach
- Positioned in heart of retail strip and surrounded by other restaurants, shops and caf's

For further information on this exciting opportunity please contact agents Ryan McMahon 0429 228 460 or Greg Carr 0477 880 576.

Auction:
Thursday 16th June 2022 - CPG Group Auction Night commencing at 6:00pm
Club Central Hurstville
2 Crofts Avenue
Hurstville NSW 2220

Open for inspection:
Thursdays 11:00am -11:30am
12th, 19th, 26th May and 2nd & 9th June 2022

*Approximate