House for sale

641 Military Road,

Mosman, NSW

3 1 2

Lucrative shop, office and residence opportunity

This property comprises a renovated freehold building with a shop and self-contained studio on the ground floor with a modern three bedroom apartment upstairs. It offers the added benefit of DA approval for a brand new multi-level, four bedroom apartment.
- Current net income $128,317.67 in total for entire property
- Ground floor shop $65,667.84 (term through to 3/7/18)
- Ground floor studio $29,125.32 (term through to 18/3/19)
- First floor apartment $46,928.52 (term through to 23/3/19)
- Established retail tenant has operated for over 20 years
- Spacious studio/office area opens out to the rear courtyard
- Renovated top floor apartment features light filled interiors
- Open living/dining space has skylights and stylish kitchen
- Rear parking, timber flooring, air conditioning and fireplace
- Handy to a choice of cafes, shops and stunning Balmoral Beach
Last updated: 06:23AM on Apr 26th 2018
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McGrath Mosman

59 Belmont Road
Mosman NSW, 2088
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