Sold

122-124 Bathurst Road,
Katoomba 2780, New South Wales

250m² building size
Retail

$1,100,000


Property details

COMMERCIAL BUILDING IN PRIME LOCATION - SHOP & FLAT!

Rare offering to purchase this prominent commercial building, located in a prime position at the gateway to the Katoomba shopping precinct and offering a fantastic opportunity to investors.

The X factors of 122-124 Bathurst Road, Katoomba include;
*Prime location with fantastic street exposure
*Substantial double brick building with rear access
*Ground floor shop plus upstairs flat and rear yard for parking
*Would suit an owner occupier, investor or developer
*Within close proximity to specialty stores, public transport and eateries
*Current 3x3 lease in place
*Current rental income - shop $4,950/month ($59,400/annum) + flat $250/week ($13,000/annum)
*Outgoings include 50% of payable Council Rates ($1,105.70/quarter) & Water Rates ($235/quarter approximately)
*Excellent investment, same owners for 20 years, high occupancy rates
*Situated opposite Katoomba station, this property is highly visible with great street appeal

This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity.

Explore the area


School catchments

  • St Canice's Primary School Primary K-6 Catholic 0.42km
  • Katoomba Public School Primary K-6 Government 0.72km
  • Katoomba North Public School Primary K-6 Government 1.5km
  • Leura Public School Primary K-6 Government 2.3km
  • Blue Mountains Grammar School Combined K-12 Independent 5.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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