151 Lyons Road,
Drummoyne, NSW 2047
Shops & Retail • Development Sites & Land • Other
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Parking info
Property extent
Zoning
Municipality
Tenure type
Sold on
Map of 151 Lyons Road
Huge block with underlying development upside (STCA)
- Highly sought after and exposed position
- Secure 7 + 7 year lease
- Fully leased for $177,120 per annum
This exciting premium mixed-use investment is set upon an oversized rectangular shaped parcel of land that recently underwent a meticulous renovation. This property provides the incoming purchaser the opportunity to purchase into Drummoyne’s vibrant restaurant culture via a strategic and stable investment that has stood the test of time.
Property highlights include:
- Fantastic location benefiting from high levels of passing pedestrian and vehicular traffic, also being only 7 kilometres from the Sydney CBD
- Commanding freehold building occupying a large 423.7m2 (approx.) elevated block in a tightly held locale
- Low risk 7 + 7 year lease to ‘Lashings’, an inner west institution that has occupied the property for over 10 years, together with a stable residential tenant
- Refurbished building providing ground floor indoor and outdoor seating, aesthetically pleasing display counters and high quality commercial kitchen with ample storage areas and disabled amenities
- Oversized first floor three bedroom apartment with kitchen, living room and bathroom overlooking surrounding development
- Large rear backyard offering extension potential (STCA)
- Suitable for passive investors seeking a stable cash flow, land bankers or inner west enthusiasts
151 Lyons Road will be offered for sale by way of Public Auction on Thursday, 13 September at 10:30am.
For further information please contact the exclusive agents.
Property highlights include:
- Fantastic location benefiting from high levels of passing pedestrian and vehicular traffic, also being only 7 kilometres from the Sydney CBD
- Commanding freehold building occupying a large 423.7m2 (approx.) elevated block in a tightly held locale
- Low risk 7 + 7 year lease to ‘Lashings’, an inner west institution that has occupied the property for over 10 years, together with a stable residential tenant
- Refurbished building providing ground floor indoor and outdoor seating, aesthetically pleasing display counters and high quality commercial kitchen with ample storage areas and disabled amenities
- Oversized first floor three bedroom apartment with kitchen, living room and bathroom overlooking surrounding development
- Large rear backyard offering extension potential (STCA)
- Suitable for passive investors seeking a stable cash flow, land bankers or inner west enthusiasts
151 Lyons Road will be offered for sale by way of Public Auction on Thursday, 13 September at 10:30am.
For further information please contact the exclusive agents.
Property ID: 502904482Last Updated: 29 Oct 2018
151 Lyons Road
Drummoyne, NSW 2047
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
146 Victoria Road,Drummoyne, NSW 2047 180 m²Shops & Retail • Development Sites & Land • Medical & Consulting
Contact Agent
93 Victoria Road,Drummoyne, NSW 2047 135 m²Shops & Retail • Showrooms & Large Format Retail • Other
$3,565,000
19-23 Lyons Road,Drummoyne, NSW 2047 416 m²Shops & Retail • Development Sites & Land • Other