OUTSTANDING INVESTMENT WITH DEVELOPMENT OPPORTUNITY (STCA)
92 - 94 Longueville Road, Lane Cove NSW 2066
Block size: 446 m² approx.
Ray White Commercial NSW Sydney North is pleased to present 92 - 94 Longueville Road, Lane Cove.
Located in the heart of Lane Cove's vibrant commercial hub, 92 - 94 Longueville Road presents as an outstanding investment with development opportunity (STCA). This freehold property comprises of four tenancies, including a contemporary Thai restaurant, Modern Physio & Fitness studio and two tenancies being sold with vacant possession. The ground level has rear lane access with parking for up to 8 cars* and storage facilities for each of the tenancies.
This well presented investment provides direct access to Longueville Road and rear lane access to Pottery Lane. The property is situated in the tightly held Lane Cove retail strip, consisting of leading retailers Woolworths, Priceline, Running Bare, NAB, Coles, Aldi, Westpac, St. George, The Source Bulk Foods, The Atrium Plaza, Gazman, Dymocks, Two Brothers Cafe to name a few and is in close proximity to the Lane Cove Library, Longueville Hotel, The Canopy and Lane Cove Aquatic Leisure Centre.
City buses at the front door connecting Lane Cove to the Sydney CBD, North Sydney, Epping, Chatswood, Artarmon and Artarmon Train Station to name a few.
The property offers huge flexibility with an estimated Gross income on a fully leased basis of approximately $256,476 per annum + GST*. The flexible month to month leases in place offer the opportunity to add value, redevelop or secure longer-term tenants.
Highlights: - Land Area- 446 sqm* - Net Lettable Area - 473 sqm* - Comprises of four tenancies - Estimated Gross Income of $256,476 per annum + GST* - 12m* of Street Frontage - Covered Courtyard entrance - Tenancies would suit a large number of retail, commercial and medical uses. - Parking for up to 8 cars* - Direct Access to Longueville Road - Rear lane access to Pottery Lane - Surrounded by an abundance of leading retailers - Close proximity to the Lane Cove Library, Longueville Hotel, The Canopy and Lane Cove Aquatic Leisure Centre. - Extensive bus network connecting Lane Cove to the Sydney CBD, Lower North Shore and the North West. - Potential Development opportunity (STCA)
*all figures are approximate
For further information, please contact Scott Stephens 0409 960 006 or Logan Grisaffe 0403 916 433.
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Block Size:446 m²*
*These are approximate values based on available information.
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