Colliers International is pleased to exclusively present 12 Waitara Avenue, Waitara, a shop-top housing freehold investment with genuine development upside ideally located in a convenient Upper North Shore position.
Key Highlights:
+ Leased to a reputable retail education operator, Kumon, and a longstanding residential tenant upstairs
+ Dual income streams with staggered lease expiries
+ Credible rental reversion
+ Rear lane access; dual entry points
+ Good natural light from north-west facing aspect
+ Genuine development potential for 4 units, retail and 7 car spaces (STCA)
+ Footsteps from Waitara Train Station
+ Excellent exposure to passing cars and foot traffic; approximately 27,000 vehicles pass through Pacific Highway daily and approximately 35,000 commuters use the T1 Hornsby train line daily
For Sale via Public Auction
+ When: Thursday 1 April 2021, commencing 10:30am (AEDT)
+ Where: Cooley Auction Rooms, Dexus Place, Level 5 / 1 Margaret Street, Sydney
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.