Boasting a well positioned Shopping Arcade with 11 shops fully tenanted (10 with expired leases), this is a fabulous opportunity to invest into a stable property parcel with strong yields which services the gateway to the Eastern Suburbs of Sydney. Regular Public Transport at the doorstep, busy shopping boulevard, close to good schools, places of worship, whilst, only minutes to the Airport as well as a short drive to the vibrant Eastern Suburbs beach & cafe culture. This parcel of 1,111m (approx) with Rear Lane Docking Access has 20m (approx) front and back, can be transformed into a larger multi-level shopping centre (STCA) or Retail/Residential Development within a highly sought after precinct.

Features:
- Fully tenanted Shopping Arcade
- 1,111m (approx) Retail/Commercial & Residential Zoning
- 20m (approx) frontage with Rear Lane Frontage
- Ideal Landbank with solid yield that can be improved
- Potential to completely redevelop (STCA)
- Public Transport at doorstep, close to Airport

For Sale P.O.A
Inspection: Strictly by Appointment Only

Contact: Ritchie Okesene 0425 625 592
ritchie@mgmproperties.com.au