Perfectly positioned within the highly sought after retail strip of Blues Point Road, this impressive freehold building offers the astute investor a rare opportunity to buy into the tightly held McMahons Point property market. Set over two levels, this charming property offers a unique mix of functionality & character and has been listed by North Sydney Council as an item of regional heritage significance. The building contains three separate tenancies including two ground floor tenancies & a custom designed first floor yoga studio as well as common facilities including two bathrooms & a shower.

Blues Point road enjoys a village like atmosphere with a multitude of café’s & eateries and is within close proximity of North Sydney trains, buses & amenities as well as the McMahons Point ferry service which makes this area extremely sought after by both retail, commercial & residential occupants. There is rarely any vacancy along this strip as supply is low and demand is always high. 144 Blues Point Road is the perfect investment due to the good tenancy mix, strong leases in place, high demand from tenants causing constantly rising rents and an ever growing capital value, not to mention the superior location. This property is a must see for anyone looking for a low risk investment that you can boast about

Current Gross Income: $99,205.85 P.A.

Zoning: Residential / Neighbourhood Business D

Gross Building Area: 209sqm

AUCTION
Tuesday 28th July 2009 commencing @ 10.30am
Level 1, 55 Harrington Street, The Rocks
Can be sold prior to auction

Details:
Corey Beauchamp - 0400 877 331
Jay Sheffield - 0412 964 8...