137 Longueville Road, Lane Cove, NSW

Sold | $1,600,500 |
Retail

Rarely Available Investment Property in the Heart of Lane Cove

MMJ Real Estate are delighted to present 137 Longueville Road, Lane Cove, NSW Australia to the market which is being offered for sale by by Public Auction on the 6th October 2020 at 50 Margaret Street, Sydney.

Very well located, versatile retail / commercial property

Excellent "High Street" frontage of approximately 6.1m

Fully leased to an established tenant who has not requested any rental relief during the COVID 19 period

Two street frontages with rear lane access to on-site parking

Long residual lease term

Estimated Net Annual Income $68,500

Annual rent increases with a ratchet protected market review at the exercise of the option

Key Features
Property Type
Retail
Building Size
147 sqm
Land Size
139 sqm
Property ID:
2P3342
Auction:
Tue, 6th Oct<br/>10:30am
Auction venue:
50 Margaret Street, Sydney, NSW 2000
Contact Agents

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Office: MMJ Real Estate, Sydney
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