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600 Pacific Highway, Belmont, NSW 2280

600 Pacific Highway, Belmont, NSW 2280

Retail

  • Sold $1,510,000
  • Thu 06-Dec-18

  • Land Area
  • 1228.00 m² (approx)
  • Floor Area
  • 509 m²
  • Building
  • Whole
  • Last Updated
  • Jan 25, 2019

Interested in this property? Contact an Agent today

LJ Hooker Commercial - Sydney/North Sydney

Level 7, 9 Castlereagh Street

Sydney NSW 2000

Steven Kruyer

Local Shopping Centre with Huge Development Potential

Auction Location: Level 5, One Margaret Street, Sydney.

Capitalise on this incredibly rare opportunity to secure a local shopping centre in the heart of Belmont Village, right next to Woolworths. Complete with seven retail shops and occupying a 1,228 sqm land parcel.

It is located within a flexible B2 zoning, with plenty of mixed-use potential to redevelop or reconfigure. This impressively scaled block of land provides fantastic exposure and wide street frontage over a generous ground level design. Take advantage of this property’s premium location with busy foot and road traffic and the Belmont Central Shopping Centre just next door. The various retail spaces range in size from 43sqm to 96sqm, presenting an exciting opportunity to create a contemporary space with retail, commercial and residential scope plus future promise of strong rental yields.

KEY FEATURES:
• Perfect investment or development opportunity
• Freehold building with seven separate retail shops
• Net income: $118,752 (approx.)
• Off street parking
• Mostly open plan layouts complete with amenities and loading bay
• Exciting potential to redevelop into a

600 Pacific Highway, Belmont, NSW 2280

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