Upstate Commercial, as the exclusive selling agents, are pleased to offer a great opportunity in 685 Pittwater Road, Dee Why for Sale.
Positioned centrally right in the heart of Dee Why's retail precinct and transport corridor, this building offers a once in a lifetime opportunity to own a piece of such a prime commercial asset.
* 'Weight House' Historically Dee Why's most iconic building
* Substantial freestanding 5 storey building
* Invest or occupy
* Refurbish for huge upside
* Net lettable area: 1,144m2 approx.
* 8 individual lots with 1 ground floor retail space and 7 office spaces
* Own 90.1% of the building for a majority control
* Built in 1972
* Lift access to every level
* Shared Male and Female amenities on each level
* Fully air-conditioned in each lot
* Exceptional exposure and signage opportunities
* Lots of windows offering loads of natural light from all aspects
* Level disabled access straight from Pittwater Road
* Mixture of vacant and occupied tenancies throughout building
* Diverse income stream offered from retail, office, signage and phone towers
* Lots of upside for this investment opportunity if refurbished
The property is strategically located within close proximity to the town centre, public transport, Dee Why Beach and Warringah Mall catering for the ultimate convenience. Dee Why has transformed in recent years with upgrades and new developments such as the Lighthouse by Meriton and it has proved to be a successful employment hub that is set for immediate and future exponential growth in many facets.
Available on request via a shared link is all due diligence information including:
* Contract of sale
* Existing building plans
* Outgoings
* Leases on each occupied tenancy
* Zoning information
* Aerials and drone images
* Information memorandum
For any further information, please contact Vincent West on 0403 444 000 or Oliver Rosati on 0428 877 888.
