10 Ridge Street
Merewether

So Many Options, So Close to the Beach

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Literally a hop, skip and a jump to Merewether Beach, the ocean baths, bars, cafes and seaside restaurants, Ridge Street has so much within walking distance, that for many, it is almost considered the Nirvana of the "Golden Triangle" of Merewether. So, when properties come up on this prized street, you must be quick to inspect.

Not your average offering in this blue-chip location, Ridge Street Takeaway has operated out of the shopfront and attached two-bedroom dwelling here for several years. A tantalising proposition for the astute investor, it comes with 21 months left on an existing lease plus a 3-year option. Currently returning $23,760 pa (inclusive of GST) plus outgoings.

Alternatively, the 278sqm corner block with dual frontage to Ranclaud Street offers forward-thinking buyers a range of opportunities for rebuild or development down the track (STCA).

A rare unsurpassed opportunity for an owner occupier or savvy investor to secure a versatile property surrounded by tonnes of entertainment and an enviable beach lifestyle right on the doorstep.

- Triangular 278sqm corner block with approx. 20.5m frontage to Ridge Street, 33m frontage to Ranclaud Street
- Takeaway shop and two-bedroom dwelling on single lease - $1,980pm + outgoings
- Options to renovate the unit and offer as two separate tenancies
- Offers a range of future options for the forward-thinking buyer
- Landbank for now and build your dream beachside home down the track (STCA)
- Directly across from Holy Family primary school and approx. 150m to the beach, ocean baths, Beach Hotel, Surfhouse, surf club, Blue Door kiosk

Sale

Expressions Of Interest

Features

Details

  • land size approx 278 m2
  • water rates $854 py
  • council rates $20,305 py

Available Documents

Your
agents

Darren Bender Real Estate Agent

Darren Bender 

Licensed Property Consultant 

0414 430 172 

Make an enquiry