House for Sale53 days on Homely
For Sale - Contact Agent
Loading...

Prime Freehold Investment With Five Incomes In Top Lifestyle Suburb

510 Sydney Road, Balgowlah, NSW 2093

6 bed6 bath5 car
This flexible freehold mixed-use property is located in the thriving suburb of Balgowlah on Sydney's Northern Beaches. This is an ideal opportunity for investors or developers to acquire a flexible commercial site, currently occupied by five separate tenancies with a combined return of $150,000p/a. It's positioned fronting Sydney Road, the main arterial road connecting Manly, Seaforth and the rest of the Northern Beaches to the Spit Bridge to Mosman and the city. Its prominent setting benefits from great exposure and signage opportunities, a short stroll from The Northern Beaches Secondary College, golf course, 1km to Stockland Balgowlah and quick access to Manly and the
city.

- Five separate tenancies
- Existing income from commercial and residential tenants
- Invest or re-develop
- Prime mixed-use property in Balgowlah's commercial hub
- Three storey mixed-use commercial and residential freehold building
- Five tenancies, rear lane access and five car spaces, outdoor amenities
- Gross rental $150,000 per annum
- Each premises with his/her amenities, bathroom, kitchenette and office space
- Street Level - Incorporates two office suites with bathroom and kitchenette
- First Floor Two well-appointed modern two-bedroom apartments
- Lower Ground Floor Offices with kitchen full bathroom, two bedrooms
and a north facing terrace
- Basement Level A large modern open plan office space with male and
female amenities
- Easy access to the CBD, Manly and North Sydney via the new B-line bus
services
- Stroll to The Northern Beaches Secondary College and Balgowlah Golf
Course
- 1km to Stockland Balgowlah Shopping Centre, 1.5km to North Harbour
Reserve
- Conveniently positioned at the first bus stop north from The Spit Bridge
- Benefits from the new B-Line bus service and the future Beaches Link
Tunnel to the CBD
- Highly demanded suburb with strong growth and affluent demographic

For more information or to view by appointment please contact Angus White
M: 0425-277-221
P: 9948-0666
E: [email protected]

Main details

Price:For Sale - Contact AgentAddress:510 Sydney RoadSuburb:BalgowlahPost Code:2093Type:HouseBedrooms:6Bathrooms:6Car Spaces:5Floor Plans:ViewExternal Link:ViewExternal Link:View

Land Details

Area:431 m²

Additional Features

Carports:5

Schools in and around Balgowlah

136m from propertySecondaryPublicOther
323m from propertyPrimary & SecondaryPublicNon-Denominational
373m from propertyPrimaryPrivateAnglican
1.2km from propertyPrimaryPublicNon-Denominational
1.4km from propertyPrimaryPublicNon-Denominational