Colliers are pleased to present to the market for sale 42 Eastwood Street, Bakery Hill. Located on the busy Eastwood Street, with big name brands surrounding the area such as Coles & Woolworths as well as a being in close vicinity to the Eastwood Plaza Shopping and the new Bridge Mall redevelopment. Conveniently the property boasts numerous public transport options with multiple bus stops. 42 Eastwood Street offers frontage exposure to Eastwood Street generating an exceptional passing traffic from the surrounding major brands and businesses. The site consists of 1013 square metres* and approximately 470sqm* of building area across its two buildings. This versatile CBD fringe investment opportunity is partially leased until 2026 returning a NET income of $30,000pa* + GST and partially vacant, ideal for an owner occupier or investor. - Secure lease to 2026 - Tenants pay outgoings - Net income: $30,000 pa* + GST - Total site area of 1,013sqm* - 12 onsite car parks - Planning permit exists for 11 residential units
For Sale: $1,560,000 + GST
For further information, please contact Colliers agents Travis Hurst on 0423 388 932 or Alex Worthington on 0467 367 931.
*Approximately.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.