139-141 The Entrance Road The Entrance Sold
Rare Retail Freehold Investment Opportunity - Owned By The Same Family For Almost 40 Years
Offered on the market for the first time in almost 40 years, this is a rare opportunity to secure a highly coveted 670sqm of undeveloped commercial property located right in the centre of the bustling hub of The Entrance, surrounded by a vibrant mix of local cafes, restaurants and boutique shops. Located directly across from the ocean front, this property has an existing 3-shop commercial lease holding and enjoys a high volume of foot traffic from both locals and tourists on weekends. This is an excellent opportunity to secure an existing block of 3 fully-tenanted commercial retail shops with plenty of opportunity to redevelop in the future to align with your investment interests.
- Total land size 15.24m x 39.00m = 670sqm
- Zoned B2 Local Centre
- Potential to further develop (STCA)
- Outstanding location
- High foot traffic area
- 3 commercial retail shops - fully tenanted
- Total rental investment returns are $125,575 p.a.
- 6 to 8 off street car spaces
- 4 separate toilets for each tenant
- Rear lane access
For more information on this rare opportunity please contact Michelle Vo 0401 029 815