Description: Boasting a prominent location with wide frontage to the Pacific Highway corridor, this outstanding opportunity is a solid additional to your portfolio, with development potential on a prime site. Invest and enjoy the returns, land bank for future development, or occupy down the track. The choice is yours.
Set over a 1848m2 lot and currently benefiting from the diversity of 4 x tenancies set over 2 x seperate building, 305 Pacific Highway is an expansive site anchored with the security of being fully let with multiple sitting tenants.
- Gross Floor area of 787m2 (approx) _+ total site size of 1848m2
- Prime Pacific Highway frontage
- Tightly held commercial precinct bordering Bunnings to the North
- Zoned B5 - Business Development
- Quality addition to commercial investment portfolio OR
- Excellent development potential under existing zoning (STCA)
- Currently fully let with net returns of $68,000 pa
- Equates to 7.15% net returns based on a purchsae price of $950,000.
For an Information Memorandum and additional information contact:
Matt OGarey at Nolan Partners Commercial - email@example.com
02 66500 655 / 0423 790 525