SOLD
25 North Concourse Beaumaris
210m2 (approx.)
SOLD Thu 6 Sep 2018Auction
Auction
Commercial Opportunity with Development Potential
Reap an income today and plan for tomorrow, thanks to this securely let commercial opportunity right in the heart of Beaumaris' thriving Concourse. Surrounded by a mix of professional, retail and food outlets, this is a rare opportunity to make your mark in a premium suburb, whilst spreading your investment across both the commercial and residential markets.
Opposite the Concourse's bustling restaurant strip and within minutes of the bay, the real drawcard of this 210sqm (approx.) site is the option to redevelop to retain a ground floor retail presence, and add two upstairs apartments (STCA). Boasting rear access to Moysey's Lane and a sundrenched northerly aspect, these homes would prove an ideal rental or low-maintenance base for those seeking the ultimate in laidback bayside lifestyles.
But for now, take advantage of the current lease which is held by a leading local legal firm and locked until 8th June 2019 - returning an income of $3,416.67 + GST pcm, this lease sees the tenants paying the monthly outgoings.
Sure to appeal to inspired investors with vision and passion, contact Errol Driver on 0418 342 570 or Graeme Lund on 0418 539 371 for more information and to inspect this golden bayside opportunity.
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On the radar
Beaumaris - 3193
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