Premium Eastern Suburbs Retail Investment

125 bronte road, bondi junction nsw

Price: Contact Agent

  • Jaycar Electronics: National Tenant
  • DA approval residential boarding
  • Prime corner site

Property Details

Auction 11am AEDT Tuesday 23 October 2018, Sydney

Renewed 5 year lease to Jaycar Electronics until 30 April 2022, in occupation since 2006
Jaycar: strong national retail and online brand established in 1981 with 100+ stores in Australia & NZ
R3 Medium Density zoning – recent DA approval for a four level boarding house with 21 studio apartments
Powerful retail corner building with huge exposure to 3 street frontages
Site area of 423.7 sqm with 333 sqm of building area
Valuable on site parking with rear lane loading access
Bondi Junction: affluent Eastern Suburbs retail + commercial hub and family median income 36.3% above state average
Net lease with tenant paying 100% of all outgoings, as per lease
Fixed 3.5% increases annually
Ideal long term hold investment with future alternative opportunity to take advantage of DA approved resi development

Net Income: $217,350 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 333 sqm
Land Size 424 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003391

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

Similar Properties

  • Sold
    Bulk Supermarket / Wholesale Food Barn on Edge of CBD Location

    5 brewery lane, tamworth nsw

  • Sold
    Govt. Leased Investment Modern Office Building

    21-29 william street, orange nsw

  • Sold
    Brand New Childcare Centre – Blue Ribbon Sydney Address, Vacant Possession

    197 kissing point road, south turramurra nsw