49 Padstow Parade Padstow NSW 2211

This a very rare opportunity to purchase 2 x adjoining commerical investments in the busy CBD precinct of Padstow. This great investment offers 2 shops and 2 units with potential residential multi level future development (STCA) approx 250mtrs to Padstow Train Station.

The opportunities are endless, with future growth development potential (STCA) this is one not to miss.

Offering:-

- Amazing shop fit outs
- Great tenants in shops and units
- B2: Local Centre
- Zoned 2.5:1
- Combined income of approx. $110,000 per annum
- Shop leases in place until 2024 + 3 year option & 2028 + 6 year option
- Re shop leases 50% Council / 100% Water / 100% Fire Levy
- CPI increases
- Total land size 49 Padstow Pde = 208.7m2
- Total land size 51 Padstow Pde = 227.6m2
- Total combined land of 436.3m2
- Padstow Train Station 250m approx
- Rear land access
- Potential boutique residential development (STCA)
- Building height approx. 20 metres

For more information please call Michael Sleiman on 0433 941 863.