CBRE as the exclusive sales agent, is pleased to present to the market, 55 Kalang Road, Elanora Heights. The property is a two storey mixed-use commercial freehold comprising separate ground floor office and retail space & an expansive upper-level residential unit currently utilised as an office Perched on a prominent 579.7 sqm* land parcel with a large street frontage and a floor area of 386sqm*. The property is situated in the heart of the bustling Elanora Heights Village, servicing the local affluent community amongst busy shops, an IGA, Dan Murphy's, and bus facilities to the greater Northern Beaches, Chatswood, North Sydney, and Sydney CBD. 55 Kalang Road, Elanora Heights, benefits from the following key attributes: - Tenanted ground floor cafe/deli with a brand new commercial kitchen, grease trap and exhaust, internal and external seating - Vacant ground floor office suite, suitable for a variety of uses including medical, retail, salon, convenience and more (STCA) - First-floor expansive residential unit converted to a currently owner-occupied office space comprising a kitchenette - Underneath the property (accessible via side laneway and or rear stairs) – storage + 2 lock-up garages, cool-room, utility, rear parking & rear hardstand yard - Net Market Rental Income: $115,852.64* per annum - Recoverable outgoings - Site area: 579.7sqm* & floor area: 386sqm* - 11m HOB limit with E1 zoning - local centre with potential development upside (STCA) - High exposure location to local vehicular and foot traffic - prominent signage potential - A short drive to the crystal-clear water and white sand of Narrabeen Beach and Narrabeen Lagoon - Situated in the heart of Elanora Heights Village amongst busy shops serving the affluent local community - Great accessibility only metres from Powderworks road and bus services to the greater Northern Beaches, Chatswood, North Sydney, and Sydney CBD 55 Kalang Road, Elanora Heights, will be offered for sale via CBRE's National Auction Series, August 21st, 2024 from 10:30am onwards - Level 29, 177 Pacific Highway, North Sydney. For more information or to request access to the due diligence room, please contact the exclusive sales agent. Approx*
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