JLL and Property Fox as the exclusive selling agents, are pleased to offer 152 Pendle Way, Pendle Hill For Sale by way of Public Auction.
This is a remarkable opportunity to purchase a freehold retail investment in the heart of the Pendle Hill Town Centre, at the doorstep of Pendle Hill station.
Property highlights:
- Freehold retail investment in a commanding position on the doorstep of Pendle Hill train station
- In the heart of Pendle Hill Town Centre with great exposure and strong pedestrian footfall
- Rare opportunity to purchase two adjoining fully leased high street shops on one title
- Endless future opportunities exist, invest, re-develop (STCA), reposition or occupy one or both shops
- Large level underdeveloped 430sqm* site
- Estimated current net income of $65,659 p.a.* + GST
- Fixed annual 3% increases and tenants responsible for statutory outgoings
- Demolition clause in both leases
- Flexible E1 - Local Centre zoning allowing for a raft of future alternate uses
- FSR 2.2:1 | Potential GFA 946 sqm | 20 metres maximum HOB
- Rear lane access with a carport and additional off street parking accommodating up to 10 cars
* Approximate
152 Pendle Way, Pendle Hill is For Sale in-one-line by way of Public Auction on Tuesday 19 th September 2023 at 10:30am (AEST)
All enquiries, information requests, DA documents, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.