Sydney CBD

North Sydney CBD

Wollstonecraft Station

Greenwich Public School

93 GREENWICH ROAD

THE BEST BLUE CHIP INVESTMENT WITH FIVE REVENUE STREAMS

2 X 2 BEDROOM APARTMENTS

4 CAR SPACES

3 COMMERCIAL PREMISES

BASEMENT

LOCK-UP GARAGE/STORAGE

Call 9960 1535 or Angela 0414 554 122 sales@australiandomain.info

EXPRESSIONS OF INTEREST ENDING 31ST AUGUST 2020 - 3PM

real estate

It’s where you want to be

INSPECTION BYAPPOINTMENT

COMPLEX FEATURES

93 GREENWICH ROADGREENWICH, 20653 LEVEL MIXED USE COMPLEX

NOW SELLING

T H E P E R F E C T L O C A T I O N

UNBEATABLE GREENWICH VILLAGE

OPPORTUNITY

A RARE PENINSULA

GEM

EXPRESSION OF INTEREST FORM (ON PAGE 5)

The affluent harbourside suburb of Greenwich occupies a peninsula on the northern side of Sydney Harbour, at the opening of the Lane Cove River. The suburb features harbour views, a few pockets of bushland, shops, restaurants and cafes, and a harbour swimming pool.

Executive Summary

Our team at Australian Domain Real Estate are proud to be the Exclusive Selling Agents for the sale and marketing of the highly regarded and well known location at 93 Greenwich Rd., Greenwich. This very valuable, 3 Level Complex situated in the heart of Greenwich is truly, “A Rare Peninsula Gem”.

Features

• The best blue chip investment in Greenwich• 3 Levels, double-brick freehold and businesses• Five (5) income streams• Valuable driveway leading to parking spaces• L.U.garage & Basement / automatic security gate• Plans for a top floor penthouse addition • Many future profitable redevelopment opportunities• Prestigious Greenwich Peninsula address

1st Floor

Enjoy the sunrise and sunsets from the East and West spacious Balconies of the 2 x 2BR Modern Apartments freshly painted and new easy-care carpet. Each with 2 large balconies either side - appointed with modern kitchens, internal laundries and parking. Currently, residentially Leased. This may be converted to Commercial Office space (if preferred, STCA). Either way, the wonderful district views captivate people into long term leasing.

1

Expressions of Interest93 GREENWICH ROAD, GREENWICH

Ground Floor

Social Room Cafe

Providing a pleasant cafe service with a variety of tasty treats. Recently renovated with modern and stylish decor together with, large commercial kitchen.

The cafe is very popular with both locals, the parents and children associated with the nearby school and also, residents from the Aged Care Facility across the road. Visitors from neighbouring suburbs also come to enjoy the privacy and leafy village surroundings and atmosphere.

The Hairdresser

The long term Lessee, the hairdressing business is very popular with the locals. The professional staff having built a wonderful rapport with locals and other patrons travelling from afar who, enjoy their hairdressing services as well as, the fresh air and inviting Greenwich Village atmosphere. The premises are impeccably kept and recently renovated with modern fittings, technologies etc.

Basement

Engineering Workshop

The basement area is currently being used by a long term tenant who is running a quiet, engineering workshop.

Lock Up GarageCan be used or rented 2

Annual Gross Figures** Unit 1 $88,173

Unit 2 $53,952

Unit 3 $31,716

Unit 4 $32,760

Basement $25,000

_________

Total $231,601

Deductions Less GST $12,920

Shops Less Over Heads $14,305

Less Agent Fees (units) $3,052

_________ ________ $30,277 $30,277

_________ $201,324

Plus: reimbursement $10,729of Levies @75%

Net income: $212,053

**Figures may vary due to temporary concessions

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Key Features

• Valuable 3 Level Building with 5 Revenue Streams• Affluent Demographic - Best Complex in Greenwich• Clever Utilisation of Land - Area Over 3 Levels• Double Brick Structure• Lane Cove Council Zoning - B1 Neighbourhood Centre• FSR 1.0 Usually fully Leased - One Unit left vacant for inspections (should new owner wish to reside

therein). • Units within the complex are rarely vacated as they are in high demand. • Potential for further additions - redevelopment (STCA) or possible proposed future re-zoning

Undoubtedly, the best complex in Greenwich Village with it’s 3 Levels comprising: 2x2br apartments; The Social Room Cafe; The Hairdresser and basement rentals, all solid income earners. The Complex is situated amongst a comprehensive range of other essential businesses including: Chambers Liquor; Post Office; IGA Supermarket; Chemist, Hooked Seafoods; Physio; Greenwich Library and Senior Citizens Centre just up the road.

Nearby Places of Interest

Peninsula foreshore parks and walking tracks, Greenwich Library, Greenwich Baths, Ferries, Wollstonecraft Railway Station, Lane Cove, St. Leonards Railway Station, North Sydney and Chatswood Shopping Precincts, 20 Minutes to CBD by road, train and ferry. A short distance to RNS Hospital, foreshore parks, trains as well as the lower north shore.

Demographics

Population - 5,618 (approximately 68% owner occupied 32% rented)Average Age - 20 to 39

Entire 3 Level Complex at 93 Greenwich Road, Greenwich is offered for sale via EXPRESSIONS OF INTEREST (EOI)

closing 3pm Monday 31st August, 2020.

E: sales@australiandomain.info or 02 99601535

NB: As per Privacy Act, The owner reserves the right to deny forwarding further sensitive, financial and other information. Such information will solely be provided to genuine buyers subsequent to receipt of formal application.**Purchasers should rely on their own enquiries as Australian Domain Real Estate, cannot warrant or guarantee accuracy as to third party information. 4

13/73 Spit Road, Mosman NSW 2088 | Offi ce 02 9960 1535 | sales@australiandomain.info | www.australiandomain.info

ABN 62 160 198 845

Your Details

Your FULL name/s (including middle names) that will appear on the contract if the offer is accepted ________________________________________

______________________________________________________________________________________

Your full residential address that will appear on the contract

______________________________________________________________________________________

Your mailing address _________________________________________________________________

______________________________________________________________________________________

Your email address ___________________________________________________________________

Your contact numbers ________________________________________________________________

Your conveyancer (if know at this stage _________________________________________________

Your Offer

Price $ ______________________

Deposit/s NOTE: Depost amounts are negotiable they cannot total more than 10% of your offer

Initial Deposit $ _______________________ Balance of Deposit $ ________________________To be paid within two days of signing contract To be paid upon contract conditions being satisfied

Conditions

Subject to Finance Yes No Days _____________________________

Subject to Building and Pest Yes No

Days _____________________________

Any Special Conditions ________________________________________________________________

______________________________________________________________________________________

______________________________________________________________________________________

Settlement 30 Days 45 Days 60 Days Other _______________________

Do you have a property to sell in order to complete this purchase? Yes No

Would you like a free property appraisal of your home or investment property? Yes No

Signatures ______________________________Date ________________________________________To submit your offer, take a photo and email the form to sales@autraliandomain.info

5

Expressions of Interest Form93 GREENWICH ROAD, GREENWICHRequired Monday 31st August 2020 at 3pm

© 2020 Australian Domain 6

7© 2020 Australian Domain

© 2020 Australian Domain 8

© 2020 Australian Domain 9

© 2020 Australian Domain 10

Development Constraints 93 Greenwich Road: Lots 1 and 2 SP20094: Land Size: 396 sqm

93 Greenwich Road

© 2020 Australian Domain 11

The following are the major development constraints for 93 Greenwich Road, Refer http://www.lanecove.nsw.gov.au/Development/DevelopmentControls/Pages/LEPandDCP.aspx

Floor Space Ratio: N 1.0:1

Zoning: B1 Neighbouhood Centre Maximum Building Height: J 9.5 M

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real estate

It’s where you want to be

INSPECTION BYAPPOINTMENT

Angela PerouExecutive Sales | LREA - First Class

Angela Mobile 0414 554 122

Australian Domain Real EstateABN 62 160 198 845

13/73 Spit Road, Mosman NSW 2088

Office 02 9960 1535sales@australiandomain.info

Greetings!

At Australian Domain we don’t drive flashy cars, we don’t wear expensive suits, and we aren’t obsessed with meaningless awards or dodgy sales figures.

What we prefer to do is give you a dedicated, cost-effective, and personal service that pays respect to you and the connection that you have to your property.

Buyers and tenants, flock to a real estate sign irrespective of “the brand” as they are interested in the property.

We are ready to assist you with all matters relating to the sale or rental of your property, be it residential or commercial.

We have quality tradespeople and specialists available to cover every aspect of preparing your property for sale or rental.

We have an office, but are always willing to travel to you for all appointments to make the process convenient for you.

When you are ready for “the different experience” of real estate, please call our experienced team.

www.australiandomain.info