157 Cook Road, Centennial Park

House

Auction - Contact Agent

4

Beds

2

Bath

Offering a remarkable opportunity in a coveted blue ribbon address, this property has flexible potential as a long-term investment or future dream family home at the expiry of the existing lease.

Currently a licensed child care centre, it generates $123,000+GST per annum. This establishment occupies a 341sqm block in a convenient parkside pocket, within walking distance of Centennial Parklands and the Entertainment Quarter. It's also handy to Oxford Street and Woollahra Village's spectacular selection of lifestyle amenities.

- Scope to collect solid returns while land banking in a premier enclave
- Ideal for SMSFs, option to capitalise on existing lease in high growth area
- Original features include ornate fireplaces and pressed metal ceilings
- Versatile layout can be converted into family home or kept as childcare centre
- Enormous mezzanine playing space amidst sun washed wraparound courtyard
- Central kitchen overlooks open plan play area, option to add parking (STCA)

DISCLAIMER: BUSINESS NOT FOR SALE

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157 Cook RoadCentennial Park

Inspection times

Wednesday 24 April 2024
8:30am - 9:00am
Saturday 27 April 2024
12:00am - 12:30am

Auction time

Wednesday 1 May 2024
8:00am

Resources

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Specifications

$2,616.40 per quarter
$193.33 per quarter
341.45 m2
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