51 The Esplanade Mosman NSW 2088
Property Details for 51 The Esplanade, Mosman
51 The Esplanade, Mosman is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 214m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (January 2015)
Rare Beachfront Investment with Development Upside.
Corner beachfront freehold building located in the absolute heart of Balmoral.
Bustling two level beachside caf /restaurant & alfresco seating plus level one function room & courtyard.
Unrivalled exposure to passing trade in world famous iconic location and adjacent Bathers Pavilion.
Tightly held precinct with very few competing retail properties ensuring high tenant demand & capital growth.
DA approved plans for expansion of building - Also possible part conversion to residential (STCA).
Long term history of 100% occupancy (current use since 1972).
Annual 3% rent increases.
Net Income: $320,500 pa + GST.
Kieran Bourke 0417 418 007
Dean Venturato 0412 840 222
Property History for 51 The Esplanade, Mosman, NSW 2088
- 10 Mar 2015Sold for $5,700,000
- 17 Jul 2014Listed for Sale Not Disclosed
- 12 Dec 2009Sold for $3,000,000
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