Think Invest, Think Develop, Think Occupy. 20 Hope Street Seven Hills presents a sensational opportunity for the enthusiastic investor. The solid building structure provides 704sqm over two levels with high ceilings and exceptional street frontage. A safe and sound investment with minimal ongoing costs, minimal annual capital expenditure and numerous long-term tenants varying in size and use. The occupants are supported by the building's strategic location amongst schools, Seven Hills train station, Seven Hills Plaza being home to Aldi, Woolworths and over 80 other specialty retail stores and surrounding residential developments. With a significant land holding of approximately 783.8sqm and adjoining a group of other freehold commercial buildings, the building along with attractive development fundamentals, provides a new owner with cash flow security, low risk income with future rental and development upside. Investment: TENANTS: Multi tenanted freehold (see information memorandum) GROSS INCOME: $92,374.74 p.a. + GST OUTGOINGS: $22,112.06 p.a. + GST where applicable NET INCOME: $70,262.68 p.a. + GST UPSIDE: Opportunity to increase existing rents & possible development (STCA) ZONING: R4
- High Density Residential HEIGHT LIMIT: 14 meters COUNICL: Blacktown OPEN FOR INSPECTION TIMES: Tuesday 3:00pm
- 4:00pm. For further information, a copy of the information memorandum or to arrange an inspection, please contact the selling agents Jay Sheffield 0412 964 823 or Nick Moloney 0477 545 111