1/36 Ocean Street

Woollahra NSW 2025

Land

Currently for sale - view listing

Overview

A Prime Investment Opportunity In The Heart Of Woollahra Villlage - Optimal Retail/Commercial Premises With Secure Parking

Position yourself for success in a prime village setting with this 128sqm approx retail/commercial premises in the heart of Woollahra Village. Metres from Queen Street's celebrated shopping village, this prominant glass-fronted property commands a high-exposure street - front position with excellent natural light and constant pedestrian and road traffic. The vast space offers superb versatility - ideal as a boutique retail store, designer studio, gallery, showroom, new-media hub or wellness destination such as a Pilates studio. The well-conceived layout features a welcoming reception area, meeting room, masses of storage and the rare bonus of secure parking via Alton Street. With its adaptable layout and flexible usage options, this tightly held village address presents an exceptional opportunity for investors seeking a high-yielding commercial asset in one of Sydney's most desirable retail hotspots. - Prime location with a wide open 6m approx Ocean Street frontage - Part of a mixed use commercial and residential building on 558 sqm parcel - Glass-fronted street level retail space - Current rental $110 000 per annum incl gst - 3 year lease + 3 year option with annual CPI increases - Tenant pays 50% of outgoings - Quality fit-out, full security, reverse air - 128sqm approx, unbeatable visibility - Reception area, conference/meeting room - Open plan workspace with high ceilings - Modern kitchen with Zip HydroTap - Masses of internal and external storage - Washroom facilities and rear lane access - Secure parking on title with dual street access via Alton Street - Flexible usage and optimal exposure - Walk up to Centennial Park and Westfield Bondi Junction - Agent interest