35-37 Padstow Parade, Padstow
Sold By ~ Todd Owsnett 0404 429 103 House - Property ID: 752231
Situated in the recognised growth suburb of Padstow, this wonderful commercial property is sure to appeal to the astute investor.
* Prime Location in Padstow CBD
* Close to Express Train Station
* Comprises one large shop, a gym and St George ATM
* Superb Land Area of 457m2
* Wide 12.5m Frontage
* Ground Floor 416m2, 1st Floor 278m2 + Basement
* Rear Lane Access to Huge Basement Area
* Shops nearby include CBA, Woolworths, Gloria Jeans, TAB and Australia Post
* Gross Income $185,000 p.a
* Long term tenants with current leases in place
* Development Potential (STCA)
* 1km from the M5 - 15min to the airport and 30 min to the city
This location offers wonderful exposure with plenty of foot traffic. The astute investor will love the solid return with development upside. Be quick for this highly prized piece of real estate!