197 Woodland Street (cnr Of Sydney Rd) BALGOWLAH NSW 2093
Range: $1,680,000 - $1,840,000

DESCRIPTION

With a brand new lease of 5 year plus a 5 year option from 1/1/2020, this property offers an excellent secure income of $84,000 per annum nett and the potential opportunity for future redevelopment.

Purpose built for medical use approximately 20 years ago, the property presents in excellent condition.

On 405 square metres of land with approximately 140 metres of internal space, there are 6 practitioners rooms, a large reception, kitchen / office, 2 toilets and a large working/office, 2 toilets and a large working office / attic space upstairs.

Parking is very good with 6 cars on site and ample parking nearby.

The property is well located to transport and only 150 metres to the highly regarded Stockland Mall.

Current R1 zoning permits health consulting rooms, boarding houses, dual occupies, semi-detached dwellings, shop top housing, child care centres and residential flat buildings.

Much better than money in the bank, please call for more details and an inspection buy appointment Monday to Friday between 12.30pm - 1.30pm.