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196 Pacific Highway, St Leonards, NSW 2065

196 Pacific Highway, St Leonards, NSW 2065

Hotel/Leisure Land/Development Other

  • For Sale
  • ON SITE AUCTION 36 STUDIO APTS CAFE
  • Auction: Sat 31-Oct-20 12:00PM Save to Calendar

  • Land Area
  • 698.00 m² (approx)
  • Floor Area
  • 698 m²
  • Last Updated
  • Sep 23, 2020
  • Car Spaces
  • 13

Additional Details


Interested in this property? Contact an Agent today

Deans Property - Broadway

Level 2, Suite 2C, 255 Broadway Street

Chippendale NSW 2008

Robert Deans

PRIME ST LEONARDS BUILDING WITH 36 STUDIO APARTMENTS & LICENSED CAFE

Deans Property is delighted to exclusively market 36 fully furnished studio apartments, and the adjoining recently refurbished licensed cafe/bar/restaurant with parking for 13 cars. This freestanding 3-storey walk up building has an abundance of natural light with significant potential. Having been held by the same owner for 33 Years, this is a rare opportunity to secure a sound investment. This prime Lower North Shore location is situated adjacent to North Shore Private Hospital & Public Hospital & newly developed corporate business parks.

This is a fantastic opportunity for an astute Investor to take advantage of strong capital growth in a high demand area.

Key investment highlights:
- PRIME ST LEONARDS BUILDING WITH 36 STUDIO APARTMENTS & A LICENSED CAFE
- Recently renovated, always in demand with exceptionally low vacancy rate
- Ability to lease cafe/bar/restaurant - est. $100k PA
- A total of 13 car spaces
- Located in a prominent medical precinct with limited direct competitors
- Opposite North Sydney TAFE, 5 minutes’ walk to North Shore Private Hospital & Public Hospital
- A short stroll to St Leonards Railway Station and 20

196 Pacific Highway, St Leonards, NSW 2065

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