1/94 Anderson Avenue

Panania NSW 2213

Must be sold!!! Rare double fronted shop plus 2 x 3 bedroom units leased at $112,280 per annum GST inclusive
Imposing, solid and substantial this magnificent property is located on Panania's busiest corner. Packed with value this bustling location offers extreme exposure and a sound investment, which is sure to please even the most astute investor.Double brick and close to station this remarkable building offers 2 spacious 3 bedroom units and one double fronted shop with rear lane, complete with high roller door access, making this an exciting opportunity to purchase now and enjoy the cosmopolitan lifestyle Panania has to offer.Shop 94-96 Anderson Ave, Panania:Ground floor is leased to iconic Bonanza Fresh - Fruit & Vegetable. Offers a wide 11.1m double fronted shop with office space, preparation area, cool room, separate male and female bathroom, storage room, high roller access of 2.7m for trucks, deliveries, rear lane access and off street parking for 4 vehicles.Located in the heart of Panania's busy shopping centre, moments away from Panania train station, a selection of primary and secondary schools, this shop offers location, presentation with busy foot traffic. Current retail shop leased at: $77,440.00 per annum inc. GST or $6,453.33 per month incl GST (Please note the business is not included in the sale)Units 1 and 2/94-96 Anderson Ave, Panania: Two x 3 bedroom double brick units Spacious, smartly designed and comfortable these double brick 2 x 3 bedroom units offer an ambience of casual elegance and easy-living, all bedrooms are well proportioned, sun filled and feature an abundance of space.The kitchen is large and functional and is conveniently located between the lounge and dining area which overlooks the large alfresco tiled balcony area.The units offer a large combined, lounge/ dining space, high ceilings, internal laundry and neat bathroom. Perfectly situated and cleverly designed these units make the ideal purchase for those looking for care free low maintenance living or a quality investment.Unit 1 leased to fantastic tenants at $320 per week with an increase to $350pw. Unit 2 Leased to excellent tenants at $350 per week. Auction on site Saturday 10th August 2013. Inspect Saturdays 11.30 - 12 noonWe Love:- Rear lane access and parking for 4 cars plus roller door- Panania's most prominent corner- Double shop front- Double brick construction- Land size 328sqm Zoned 3b Business - Other centresPluses- Capitalise now or extend/improve/subdivide shop later S.T.C.A.- Opportunity for clever investor- 3 incomes