7 Sorrento Road Empire Bay, NSW 2257

Two Commercially Zoned Properties - One Strategic Empire Bay Opportunity

An exceptional opportunity to secure a strategically positioned commercial freehold investment in the heart of Empire Bay village, with the added potential to acquire both 7 Sorrento Road and 5 Rickard Road as a combined investment holding.

Both properties are commercially zoned within the E1 Local Centre precinct and benefit from valuable street frontage and access, with exposure to Sorrento Road and Rickard Road. Together, they offer an investor the opportunity to control a larger, highly versatile commercial landholding in this tightly held village centre.

7 SORRENTO ROAD - SECURE INCOME FROM AN ESTABLISHED TENANT

7 Sorrento Road is currently leased to the long-established Empire Bay Dentist, providing immediate holding income from a proven local business.

The tenant has recently committed to a new five-year lease and has successfully operated from the premises for many years, giving investors the benefit of an established tenant and a relatively low-maintenance commercial investment.

The property is well configured for its current use and comprises two consulting rooms, reception and waiting area, kitchen, storeroom and amenities, together with excellent onsite parking and convenient street access.

5 RICKARD ROAD - ADJOINING COMMERCIAL OPPORTUNITY

The adjoining 5 Rickard Road property provides an additional commercially zoned holding and creates the opportunity to secure the two properties together as a strategic package.

With access and frontage across both Rickard Road and Sorrento Road, the combined properties offer an unusually flexible site configuration for an investor, owner-occupier or future developer.

Acquiring both properties provides the ability to:

Hold two commercially zoned properties within the same strategic location
Benefit from multiple street frontages and access points
Retain the established income-producing dental premises
Explore future commercial, medical, professional, retail or mixed-use opportunities
Create a significantly larger consolidated development site, subject to council approval

SIGNIFICANT FUTURE POTENTIAL

The real strength of this opportunity lies in the ability to acquire 7 Sorrento Road and 5 Rickard Road together.

The combined holding may provide significant longer-term redevelopment potential, subject to council approval and applicable planning controls.

The E1 Local Centre zoning may accommodate a range of potential uses, including medical and allied health premises, professional suites, retail, commercial uses and potentially mixed-use or shop-top residential development where permitted.

For an investor, the opportunity provides an attractive combination of:

Immediate income + commercial zoning + dual street frontage + a larger strategic landholding + future development potential.

Rather than purchasing a standalone commercial property, an investor has the opportunity to secure a substantial position within the centre of Empire Bay Village and control both sides of a strategically located commercial holding.

PROPERTY HIGHLIGHTS

Opportunity to acquire 7 Sorrento Road and 5 Rickard Road as a package
Both properties commercially zoned - E1 Local Centre
Street frontage and access from both Sorrento Road and Rickard Road
Strategic combined commercial landholding in the heart of Empire Bay village
Established Empire Bay Dentist tenant at 7 Sorrento Road
New five-year lease
Current rental return of $4,426 per month ($53,112 per annum)
Long-established tenant with proven trading history
Immediate holding income
Two consulting rooms, reception and waiting area
Kitchen, storeroom and amenities
Excellent onsite parking
Flexible commercial investment opportunity
Potential for medical, professional, retail and other permitted commercial uses
Opportunity to create a larger consolidated development site
Significant redevelopment and future-use potential STCA

For further information or to arrange a private inspection, contact Matthew Kidd on 0417 230 732 or Brad Rogers on 0459 921 122.

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Ray White Bensville/Empire Bay does not represent the accuracy of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.