Share this property

realcommercial.com.au
Coutts North Sydney

20 Hope Street Seven Hills, NSW 2147

Directions

20 Hope Street,
Seven Hills, NSW 2147

Shops & Retail • Offices • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Sold on

Map of 20 Hope Street

Directions

MULTI-TENANTED FREEHOLD WITH HUGE UPSIDE

  • LOW RISK, FREE HOLD INVESTMENT
  • RENTAL AND DEVELOPMENT UPSIDE
  • SOLID BUILDING WITH WITH LOW OUTGOINGS
Think Invest, Think Develop, Think Occupy. 20 Hope Street Seven Hills presents a sensational opportunity for the enthusiastic investor. The solid building structure provides 704sqm over two levels with high ceilings and exceptional street frontage. A safe and sound investment with minimal ongoing costs, minimal annual capital expenditure and numerous long-term tenants varying in size and use. The occupants are supported by the building's strategic location amongst schools, Seven Hills train station, Seven Hills Plaza being home to Aldi, Woolworths and over 80 other specialty retail stores and surrounding residential developments. With a significant land holding of approximately 783.8sqm and adjoining a group of other freehold commercial buildings, the building along with attractive development fundamentals, provides a new owner with cash flow security, low risk income with future rental and development upside.


Investment:

TENANTS: Multi tenanted freehold (see information memorandum)

GROSS INCOME: $92,374.74 p.a. + GST

OUTGOINGS: $22,112.06 p.a. + GST where applicable

NET INCOME: $70,262.68 p.a. + GST

UPSIDE: Opportunity to increase existing rents & possible development (STCA)

ZONING: R4 - High Density Residential

HEIGHT LIMIT: 14 meters

COUNICL: Blacktown


OPEN FOR INSPECTION TIMES: Tuesday 3:00pm - 4:00pm.


For further information, a copy of the information memorandum or to arrange an inspection, please contact the selling agents Jay Sheffield 0412 964 8... or Nick Moloney 0477 545 1...

Additional information

Property ID: 504045683Last Updated: 6 Jul 2022

Coutts North Sydney

Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
Coutts North Sydney
20 Hope Street
Seven Hills, NSW 2147
Coutts North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060

Make an enquiry

What's your enquiry about?

Enter your details