Sutton Anderson is pleased to present 529-531 Sydney Road, Seaforth for sale by Expressions of Interest.
A rare opportunity to acquire a tightly held mixed-use freehold positioned prominently on Sydney Road, Seaforth's primary retail strip. The property comprises three commercial tenancies, a signboard lease, a five-bedroom residence with swimming pool, and a fully self-contained studio. All tenancies are occupied with leases in place, delivering a current rental return of approximately $193,664 p.a. (inclusive of outgoings).
Property Highlights:
- Total site area approximately 515 sqm*
- Three commercial tenancies with direct Sydney Road frontage (hairdresser, barber, landscaping)
- Signboard lease in place to July 2033
- Five-bedroom residence with swimming pool
- Fully self-contained studio apartment
- Parking for approximately six vehicles
- Current rental return approximately $193,664 p.a. (inclusive of outgoings)
- Council rates: $1,721 per quarter | Water rates: $1,192 per quarter
- Zoning: E1 Local Centre under Manly LEP 2013
- Survey, contract, and floorplan available on request
- Scope to hold, improve, or explore redevelopment options (STCA)
For further information or to arrange an inspection, contact Sutton Anderson Property Consultants on 02 9438 1600.