Forestville

51 Arthur Street

Auction AUCTION - 28 April 2016
403 sqms

Key details

Property Type Retail
Land Area 582 SQM

Highlights

Freehold Retail Investment

The total land size is 582sqm and building size of 403sqm. This freehold block consists of six shops all tenanted by successful local businesses which will suit a long term investor to set and forget or for the keen developer. Situated in Forestville on the corner of Arthur Street and Duke Street on Sydneys Northern Beaches with 7 Council car spaces and one handicapped space located at the front of the building.
The total land size is 582sqm and building size of 403sqm. This freehold block consists of six shops all tenanted by successful local businesses which will suit a long term investor to set and forget or for the keen developer. Situated in Forestville on the corner of Arthur Street and Duke Street on Sydneys Northern Beaches with 7 Council car spaces and one handicapped space located at the front of the building.

- Land 582sqm and Building 403sqm
- Freehold retail block
- 6 Shops all occupied by successful local businesses
- 7 Council parking spaces and 1 handicapped space
- Cross roads position with fantastic exposure
- Steady return with 4% annual reviews
- Outgoings: $17,905 PA
- $122,986 Net PA + GST
- Auction 28th April 2016.

Contact Vincent West on 0403 444 000 or Richard Van Grootel on 0408 033 330 for a copy of the information memorandum

Location:
Forestville is 12 kilometers North-East of Sydneys Central Business District and is at a junction between Sydneys Northern Beaches and the North Shore.

**All rentals are per annum and quoted areas/measurements are approximations only**

Important times

Auction time

  • Thursday 28 April
    On Site
    6:00pm

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