Located in the heart of Gymea, 66 & 70 Gymea Bay Road presents an exceptional commercial investment opportunity, offering two adjoining lots sold in one line.
Together, these properties encompass a combined land area of 571.34 sqm* and a total building area of 385 sqm* across five tenancies, featuring a versatile mix of retail and office spaces.
Surrounded by vibrant cafes, restaurants, and a variety of local businesses, these properties are perfectly positioned to attract a diverse range of tenants.
Both lots are currently fully leased, providing a strong and stable income stream with long-term tenants in place. Additionally, the site offers significant future development potential (S.T.C.A.), making it a compelling prospect for investors seeking to capitalise on growth in this thriving commercial precinct.
Key details:
- Two lots sold in one line: 66 and 70 Gymea Bay Road, Gymea
- Five tenancies: A mix of retail and commercial accommodation
- Prime location: Situated in a bustling retail and business hub
- Future development potential (S.T.C.A.)
- Rear lane access and parking
This rare offering provides immediate rental returns with potential for capital growth through future development.
Contact our office to request a copy of the information memorandum.
Areas:
66 Gymea Bay Road | 70 Gymea Bay Road
Land - 285.67 sqm* | Land - 285.67 sqm*
Building - 192.5 sqm* | Building - 192.5 sqm*
TOTAL AREAS: Land - 571.34 sqm* | Building - 385 sqm*
OPEN FOR INSPECTION DATES:
Wednesdays: 3:30pm to 4:00pm
(2nd, 9th, 16th, 23rd, 30th October & 6th November)
AUCTION:
Tuesday 12th November 2024, from 6pm at Cronulla RSL with Avenue Auctions.
NOTE: Areas noted above are approximate.