FIRST TIME EVER OFFERED FOR SALE! WAREHOUSE & 4 BED RESIDENCE

Highlights

• WAREHOUSE & 4 BED RESIDENCE
• GROSS FLOOR AREA: 404M²
• POTENTIAL INCOME UPTO $150k pa
• UP TO 4 DIFFERENT INCOME STREAMS

Description

Shore Commercial Property, acting as exclusive agents, is delighted to present 12 Waine Street, Freshwater, for sale via Expression of Interest (EOI) closing 17 May at 2 PM.

12 Waine Street boasts an unparalleled location on the doorstep to Manly for CBD access, within walking distance to Queenscliff surf beach, Andrew Boy Charlton Pool, and just a short stroll to local cafés and 165X or 199 express city buses, as well as buses to Manly CBD and wharf. As the closest light industrial area to Manly's bustling CBD and perfectly positioned for transport to Manly Wharf and Sydney's CBD, it stands central to a host of beaches, amenities, and lifestyle hotspots. The site is easily accessible by bicycle, bus, car, and ferry.

Key Features:

• Land Area: 743.25 m² approx
• Gross Floor Area: 404 m² (Ground Floor 202 m² & 1st Floor 202 m²) approx
• Net Floor Area: 350 m² (Ground Floor 184 m² and 1st Floor 166 m²) approx
• Warehouse A also includes 3 roller doors, its own private internal office and kitchenette (includes hot water system )
• Potential income fully leased up to $150,000 p.a. approx
• A rare building with residential existing use rights
• The 1st floor consists of a large 4-bedroom residence with a 36 m² balcony approx
• Over 420 m² of rear yard space (which is leased for $18,200 p.a.)
• 2 warehouses (Warehouse A: 100 m² and Warehouse B: 83.5 m²)
• Current zoning: E4 General Industrial
• Current building height limit: 9 m
• A significant industrial and neighbourhood shops development opportunity
• The structure, built in 1969, features a ground floor warehouse and residence.
• The 1st-floor residence comprises 4 bedrooms with Built-in wardrobes massive living & dining area, Timber style kitchen ,1 bathroom, 1 WC & laundry,


12 Waine Street is being offered for sale via expression of interest, closing on the 17th of May at 2 PM. Contact the listing agents, Michael Burgio or David Falvo, for the information memorandum and the EOI form.