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