SOLD BY THE NEWTON TEAM...Real Estate doesn't get more PRIME than this!
Presenting a unique opportunity - this mixed-use Torrens Title property is set in a sought-after high exposure location in the heart of Gymea Village, featuring some of the best cafes and restaurants in the Shire. Consisting of two residential apartments and two shops - a café and a travel agency - all four are currently let, this is the perfect commercial property for your portfolio.
Features include:
The land size is 335m2, with an overall floor area of approximately 500m2.
Zoned B2 Local Centre offering future redevelopment potential subject to council approval.
Two retail shops at street level, a Café and a Flight Centre.
Both of the shops have a large area on the lower ground level - each with a bathroom.
Two residential apartments above, one with 3 bedrooms and the other with 2 bedrooms.
Both apartments are townhouse style over two floors, with the kitchen and living areas on the entry-level, and bedrooms and bathrooms above.
Common rear balcony area providing easy access to the rear street and onsite car spaces.
The apartments have been updated throughout and are never vacant for long due to their generous size and location.
Four parking spaces total - one for each shop & apartment.
The well-established retail tenants have enjoyed this high exposure location with wide front footpath for many years and are both well known in the local community.
Cafe De Casa, is arguably the best cafe in Gymea and is popular for its warm and inviting staff, great coffee and food, and sunny alfresco setting. The current tenants have a terrific setup including a kitchen on the lower ground floor with storeroom and easy access for deliveries from the rear car park
Flight Centre, the tenant of shop one, occupies the best position in the popular Gymea Shopping Village. Apart from the modern retail space, there is a large lower level with internal access to an area that was previously used as a garage. Its prominent signage facing the railway station entrance and to the side walkway to Koorabel Avenue behind makes it an icon of the shopping strip.
About the location:
Gymea train station is just across the road, with a direct train line to the CBD, only a 45-minute trip.
Close to quality public schools and a short walk to Gymea TAFE campus.
15-minute drive to Cronulla with its beautiful beaches and vibrant atmosphere.
Very handy to the gorgeous parklike grounds of Hazelhurst Regional Art Gallery and café.
Plenty of entertainment options all within easy walking distance including Tradies Gymea, Gymea Bowling Club and Gymea Hotel.
This property presents unlimited potential, put simply, this is the investment property you've been looking for and an opportunity not to be missed.
Contact us now for a detailed Information Memorandum or call selling agents David Newton 0408 242 717 Ian Gray 0419 170 685 Direct for a confidential discussion or inspection.
