BLUE CHIP FREEHOLD INVESTMENT PADDINGTON
First time offered to the market in over 20 years, R & W Commercial Eastern Suburbs are pleased to offer this exceptional opportunity to acquire a corner shop and residence located on the Eastern end of South Dowling Street Paddington. The property offers great exposure with an approx. frontage of 7.5 meters. The ground level shop is currently leased to long term tenant for well over 20 years, BWS Liqour plus a first floor 2 bedroom residence leased separately.
Adjoining tenants such as South Dowling Sandwiches, Mat & Bun Vietnamese Kitchen, Money Barista, Organic Bread Bar and more. This blue chip investment offers the astute investor or future owner occupier significant foothold within in a highly sought after city fringe location with a short walk to Paddington and Darlinghurst retail precinct, restaurants café and night life.
Key Features
- Ideal Corner Location
- Ground level leased to long term secure tenant BWS Liquor
- First Floor 2 Bedroom Residence
- Over 7.5 Meter Frontage approx.
- Land Size approx. 106sqm
- Building Area approx 139sqm
- Current Net Rental $116,958.00 p.a
AUCTION:
10 30 am Thursday 30th of May 2024
Cooley CBD, Dexus Place
Level 5, 1 Margaret Street
SYDNEY NSW 2000
Inspect by appointment contact exclusive selling agents below for more information or an on-site inspection:
Victor Negrine 0411 316 777
Commercial Eastern Suburbs
