Laing and Simmons Commercial are pleased to offer for sale by Public Auction 266 Mitchell Road, Alexandria.
Located on busy Mitchell Road in one of Sydney's hottest suburbs directly opposite a new 1,000 apartment and retail development which includes a Woolworths metro, BWS and pharmacy.
Leased to an established dog day care business this property provides secure income with future upside.
Key highlights of this property include:
* Building area 272 Sqm (approx.)
* Wide frontage to Mitchell Road of 10.5 meters (approx.)
* Lease term: 3 Years
* Gross rent as of 1.10.2024 : $104,272 per annum plus GST
* Rear Lane Access
* Potential future develpment site (STCA) with an FSR of 2:1 and MU 1 Zone
* An exciting opportunity to secure a solid asset to occupy invest with a current holding income to Dogs in Town , offering futire development potential or benefit from moving your business to this this prime and irreplaceable location and benefit from the ever growing pocket of Alexandria.
* Close to some of the best cafes, bars, and restaurants that Alexandria has to offer. Opposite brand new retail development which includes a Woolworths, BWS as well as a pharmacy.
* 1km from Erskineville Station. 1.5km to Green Square, between the Princes Hwy and Eastern Distributor