Artarmon  ‐ Contact Taylor Nicholas

  6 Carlotta Street
Property ID: 84521
Auction Date: March 19, 2019 10:30 AM
Area:
809.0 sqm
Property Type:
Industrial/Warehouse
Car Spaces:
0
Zoning:
IN1 General Industrial
OCCUPY, INVEST OR DEVELOP:
  • Land area: 809m2 (approx.)
  • -
  • Surrounded by infrastructure projects
  • -
  • Current annual income $101,392

A fantastic opportunity for the astute buyer to secure a property in the Lower North Shores most popular industrial suburb.

Owner occupiers can make use of the two buildings already onsite – an older style cottage fronting Carlotta Street and a tin shed at the back. Alternatively, they can build their perfect Warehouse (STCA) with sloped land, allowing easier construction of basement parking.

Investors will benefit from having two separate incomes on the property. The front building has been used as a cafe for the past 10 years. The rear tin shed has been used as part of a mechanical workshop also for over 10 years. Both properties are older style and there are opportunities to improve them for potential rental growth.

The subject property is situated in the heart of Artarmon’s industrial area and positioned 200m from both the Pacific Highway and Gore Hill Freeway – less than 10 minutes from Sydney CBD.

With a land size of 809m2 (approx.) and significant development surrounding it, this could be the property you’ve been waiting for.