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6 Denawen Avenue
Castle Cove NSW 2069
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Sold on 4 Apr 2023

6 Denawen Avenue Castle Cove NSW 2069

  • Shop & Retail
  • 530 m²
  • Sold

MIXED USE FREEHOLD SHOP TOP

  • Anchored by Premium Retail Tenant
  • Brand New 5 + 5 Year Lease
  • Prized Corner | Triple Street Frontage

CBRE as the exclusive sales agent is pleased to present 6 Denawen Avenue, Castle Cove to the market. The property represents an outstanding opportunity to acquire a Mixed Use freehold shop top anchored by premium retailer, Porters Liquor. One of only 10 commercial properties In Sydney's affluent harbourside suburb, Castle Cove.

6 Denawen Avenue, Castle Cove benefits from the following key attributes:

-Mixed Use freehold shop top investment in exclusive Castle Cove
-Anchored by premium retailer Porters Liquor Store with 2 newly renovated apartments above
-Brand new 5 + 5 year lease
-Secure passing annual net income of $131,107*
-Benefiting from recent extensive renovations totaling over $850,000* of works providing significant depreciation allowances
-Highly prized 372sqm* B1 Neighbourhood Centre zoning land holding
-Unrivalled triple street frontages totaling 55m* across Arkley Lane, Warrawee Avenue and Denawen Avenue
-Ample customer parking at the front of store
-Situated in a exclusive strip of shops in the affluent suburb of Castle Cove with a median house price of $3.53M*

6 Denawen Avenue, Castle Cove will be sold via Public Auction at auctionWORKS on Tuesday 4th April at 10:30am

For more information or to arrange an inspection, please contact the exclusive listing agents

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold4 Apr 2023
Floor Area530 m²
Land Area372 m²
ParkingOn site parking available
Property ID2018414580
Category
Last updated  15 Mar 2024
Map for 6 Denawen Avenue Castle Cove NSW 2069

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CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold4 Apr 2023
Floor Area530 m²
Land Area372 m²
ParkingOn site parking available
Property ID2018414580
Category
Last updated  15 Mar 2024

Co-Agents

Aaron Arias
Aaron Arias
CBRE Sydney
Call
+61 403 674 599
Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61408025097

More about 6 Denawen Avenue Castle Cove NSW 2069

6 Denawen Avenue Castle Cove NSW 2069 is categorized as Shop & Retail Property. It has a floor area of 530 m² and a land area of 372 m². The listing ID for this property is 2018414580.

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