D/38 William Pickering Drive, Albany, North Shore

Add value entry level investment

Appointed sole agents, Bayleys are excited to offer this tenanted investment on a high profile corner site with a well-established operator who has traded for over 10 years onsite.
Unit D, 38 William Pickering Drive is part of a 10-unit stratum titled development situated on the corner of William Pickering Drive and Lovell Court.

The property is currently returning an annual rental of $53,578pa + GST and outgoings.
Offered to the open market for the first time since 2001 the opportunity presents as a sought-after affordable investment opportunity, leased to an established tenant with potential upside.
The development has a modern presentation in a complex with a variety of commercial tenants anchored by Columbus Cafe.

The development has good exposure onto William Pickering Drive which is one of the estates' primary arterial routes. It benefits from good car parking facilities within the development plus on street parking is also available on Lovell Court.

This is a prime opportunity to purchase a tenanted investment in a low vacancy area in high demand.

Other features include:
•Currently returning a combined net rental of $53,578pa + GST and outgoings
•High profile location on the corner of William Pickering Drive and Lovell Court
•Close proximity to local eateries and cafes
•Seven allocated car parking spaces onsite

For sale by way of Auction, 11am Wednesday the 13th of April 2022 (unless sold prior).
Call one of the sole agents today for an information pack and access to the property files. All inspections are by appointment only.