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SALE

  • 165㎡
  • Retail
  • Office
  • Other

Mixed-use terrace in heart of Clovelly Village
218 Clovelly Road, Randwick

  • 165㎡
  • Retail
  • Office
  • Other
Price $2650000
Property Type Retail, Offices, Other
Land Size 114㎡ approx
Building Size 165㎡

INSPECTION BY APPOINTMENT

An outstanding investment, this mixed-use terrace features a prominent location in the heart of the Clovelly village’s thriving neighbourhood shopping hub. Boating a high-exposure retail space and a renovated two-bedroom apartment, the property presents a unique opportunity for the long-term investor or owner-occupier to live/work.
Currently trading as an established hair salon, the glass-fronted 80sqm approx retail space features excellent exposure to pedestrian and vehicular traffic. The two-bedroom apartment features a secure entry via Mount Street offering excellent rental yields and capital growth potential.

_ Zoned B1 neighbourhood centre
_ DA Approval for additional 1 bedroom unit.
_ Prime location in the village heart
_ 2 seperate tenancies
_ Prominent glass-fronted retail space
_ Currently an established hair salon
_ Custom fit-out, reverse cycle air
_ Terrazzo floors, barrel-vaulted ceiling
_ Exposed brickwork, custom joinery
_ Renovated 2 bedroom unit with seperate entrance from Mount Street
_ Both bedrooms with built-in robes
_ Open plan living/dining, reverse air
_ Contemporary kitchen and bathroom
_ Private laundry room, video intercom
_ Apartment rental return $670 per week
_ Commercial rental return $70,304+GST per annum
_ Every convenience at the doorstep
_ Walk to Clovelly Beach
_ Transport at your doorstep

Outgoings: Council $2100 per annum approx
Water $1050 per annum approx
Land Tax – Nil, under threshold

Contact Daniel Marano now for more information

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