Entry Level | Sydney Northern Beaches Retail Investments | Two Tenants on Renewed 5 Year Leases

1320 pittwater road, narrabeen nsw

Price: Contact Agent

  • Shop 1 – Laing & Simmons
  • Shop 2 – Eyes Optical
  • Entry Level - To Be Sold Individually

Property Details

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Two Tenants on Renewed 5 Year Leases
New 5 year leases to 2023 plus options to 2028
Net leases, tenants pay all usual outgoings
Shop 1: Laing + Simmons real estate agency operating from premises for 8 years with tenant recently undertaking a high end refurbishment
Shop 2: Strong trading history as an optometrist for over 20 years

Highly desirable & affluent Northern Beaches
Great visibility with 39,271 (2016) daily passing vehicles, 100+ car spaces located across the road and 65,030 people within a 10mins drive
Narrabeen: tightly held and vibrant retail village strip positioned close to Commonwealth Bank, My Ride Bikes, H&R Block, Anytime Fitness, Baker’s Delight and Woolworths
B-line express bus stop to Sydney CBD located directly in front of shops

Net Incomes:
Shop 1: $37,947 pa + GST
Shop 2: $37,495 pa + GST

To be sold separately or in one line

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 1 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003429

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

  • Childcare Centre Land, Property and Business

    979 pacific highway, berowra nsw

  • Coles Anchored Shopping Centre – Built 2008 Immaculately Presented

    116-128 sharp street, cooma nsw

  • Secure Long Term Investment

    1001 waugh road, albury nsw