Sold

1 Bilambee Avenue, Bilgola Plateau NSW, 2107

Guide | $1,790,000
2
434m2
Retail

TWO INCOME STREAMS!!!

| Retail shop and two bedroom penthouse
| Building space 434 m2 total
| Total rental income of $84,383 p.a.
| Set in a thriving neighbourhood shopping strip
| Convenient dual street access
| Zoned: B1 Neighbourhood Centre
| Approved for strata subdivision

GROUND FLOOR – SHOP
| Same tenant for over 40 YEARS!!!
| Current income $48,763 p.a. + GST
| Annual increases of 4%
| 5 year lease term
| Tenant pays 62% of outgoings
| Full glass frontage
| Private kitchenette and bathroom
| Lock-up garage, storage, cool-room

FIRST FLOOR – PENTHOUSE APARTMENT
| Gorgeous two bedroom penthouse
| 200m2 (approx.) internal space!
| Ready to renovate or develop further
| Current rental return of $35,620 p.a
| Large North facing entertaining terrace
| Magical views towards Pittwater
| A second enormous private terrace off bedrooms
| Modern kitchen with stone benches
| Electric cooktop and dishwasher
| Full bathroom and a second toilet
| Super sized internal laundry
| Lock up garage with internal access
| Plenty of storage throughout

Struggling to find your dream property?

Don’t let deposit hurdles or financing woes hold you back!

Explore our huge selection of 120 off-the-plan units across three exquisite buildings in DY with NOVAK properties.

SMS the words “deposit only” to 0460 111 111 to learn more about securing your brand-new home, ready in just two to three years.

Starting from $745,000 ! and start enjoying capital growth with no %interest payments along the way!
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Property ID:112739405

“All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency.”

Property Features

  • Air Conditioning
  • Area Views
  • Close to Transport
  • Close to Shops
  • Close to Schools
  • Water Views
  • Lift Installed
  • 3 Phase Power
  • High Clearance
  • Roller Door Access

Location

Sales Agent
Stevan’s dedication to uniting people with their dream homes is evident in his extensive career in the real estate industry. With over 14 successful years in the field, his focus has primarily been on residential sales. In recent years, he has also leveraged his in-depth local area knowledge to excel in Off-The-Plan real estate sales,… Read more »

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