Greenwich 196 Pacific HIGHWAY
PRIME ST LEONARDS BUILDING WITH 36 STUDIO APARTMENTS & LICENSED CAFE
Deans Property is delighted to exclusively market 36 fully furnished studio apartments, and the adjoining recently refurbished licensed cafe/bar/restaurant with parking for 13 cars. This freestanding 3-storey walk up building has an abundance of natural light with significant potential. Having been held by the same owner for 33 Years, this is a rare opportunity to secure a sound investment. This prime Lower North Shore location is situated adjacent to North Shore Private Hospital & Public Hospital & newly developed corporate business parks.
This is a fantastic opportunity for an astute Investor to take advantage of strong capital growth in a high demand area.
Key investment highlights:
- PRIME ST LEONARDS BUILDING WITH 36 STUDIO APARTMENTS & A LICENSED CAFE
- Recently renovated, always in demand with exceptionally low vacancy rate
- Ability to lease cafe/bar/restaurant - est. $100k PA
- A total of 13 car spaces
- Located in a prominent medical precinct with limited direct competitors
- Opposite North Sydney TAFE, 5 minutes’ walk to North Shore Private Hospital & Public Hospital
- A short stroll to St Leonards Railway Station and 20 mins to the Crows Nest Metro station now under construction
- City, Chatswood and Macquarie Centre Bus Stops at the doorstep
- Considerable existing and growing corporate demand drivers from recent building developments such as Foxtel
For further information and/or to arrange an inspection, interested parties are invited to contact the exclusive selling agents from Deans Property.