3 Cornelia Road, Toongabbie NSW 2146

Auction

• Sat 15 December @ 11:30AM 15/12/2018 11:30 AM 15/12/2018 11:30 AM Australia/Sydney Auction for 3 Cornelia Road, Toongabbie NSW 2146 3 Cornelia Road, Toongabbie NSW 2146 LJ Hooker Toongabbie false DD/MM/YYYY

Sold

2 beds

2 baths

4 parking

Iconic Freehold, Must Be Sold

Long held Landmark Commercial Property previously Leased to “Jenny’s Chickens . ”

Offers 2 Long term tenants, scope for improvement plus 2 street Frontage .

What we like
-Zoned B2 Business use.
-Land size 470sqm.
-Floor Square Ratio(FSR)1-2
-Large Public car park to rear.
-200 metres to station.
-Woolworths Shopping Mall across the road.

Investment/Return
-Shop 3 Cornelia Rd,Toongabbbie
3 Year Lease plus 2 year option $21,450 Inc GST per annum
-Flat 3 Cornelia Rd,Toongabbie

12 month Lease $15,080 per per annum

Gross Return. $36,530 per annum
Outgoings
Council Rates $628 per 1/4 approx.
Water. $400 per 1/4 approx
Note; under new commercial lease tenant agrees to pay a some of the outgoings.
Please refer to Leases.

This is a unique opportunity to acquire Commercial land , right at the heart of Toongabbie with future development opportunities that remain unexplored.

Rarely do opportunities like this come to the market and we urge you to inspect this great little investment.

First time offered in 30 years.

To be Auctioned on site Saturday Saturday 15th December,2018 If not sold prior
(Agent interest)

Property Details

• Type: House
• Bedrooms: 2
• Bathrooms: 2
• Garage Spaces: 1
• Carport Spaces: 3