Price on Application
Suburb: MORTDALE
Secure Investment
– Freehold Investment
– Dependable Tenant with 5-year lease
– Proposed Uplift in Planning Controls
Noonan Real Estate Agency is pleased to present to the market this fully leased Freehold Investment that represents an ideal choice for Astute Investors.
Strategically positioned in the heart of Mortdale Town Centre, the property features multiple tenancies, an impressive retail fit-out, strong street presence, onsite parking, and considerable redevelopment potential under proposed planning controls.
Key Highlights:
– Freehold mixed used Commercial Investment
– New 5-year lease to a dependable tenant
– Impeccable fitout and street appeal
– 2BR residential apartment above
– Secure and growing income profile
– Dual income streams
– Gross rental income: $67,000 per annum ex GST
– Onsite and ample customer parking
– Proposed planning controls: six-storey height limit and FSR 2.5:1
– Minutes to train station and bus stop
– Gross building area 170m2
– Zoned E1 Local Centre
Expressions of Interest close by 12/12/2025 at 5:00PM.
For further information, please contact:
Spiro Veldekis
Commercial Manager
0460 440 460 | spiro@noonan.com.au
