3 Oliver Street Heathcote NSW 2233

Located at 3 Oliver Street, Heathcote, this outstanding property offers a secure investment with the Salvation Army as tenants on a 5 + 5 year lease commencing May 2024. This lease includes a demolition clause, providing flexibility for future redevelopment.

The property features a 132 sqm* ground-floor retail space and a 3-bedroom residential unit upstairs, both benefiting from significant street exposure on Princes Highway.

Key Features:
- Prime Location: Opposite Heathcote Train Station, and only metres to Princes Highway
- 5 + 5 Year Lease: Secure tenancy with Salvation Army from May 2024
- Demolition Clause: Allows for future redevelopment opportunities (S.T.C.A.)
- Ground-Floor Retail: 132 sqm* with kitchen and bathroom facilities
- Wide Frontage: 10.7m* - Double Shop Front
- First-Floor Residential: Spacious 3-bedroom, 1-bath unit
- Rear Parking and Access: 3 parking spaces with easy rear lane access
- Flexible Zoning: E1 - Local Centre, providing future development potential (S.T.C.A.)
- Strategic Investment: Secure income and long-term value growth
- Land Area: 222 sqm*

AUCTION: Tuesday 12th November 2024 from 6pm at Cronulla RSL.
VIEW: By appointment with Agent

To request a copy of the information memorandum or to arrange an inspection, please contact Ben Steege on 0416 087 187.