Entry Level | Sydney Northern Beaches Retail Investments | Tenants on New & Renewed 5 Year Leases from 2018
1320 Pittwater Road , Narrabeen NSW
Property Highlights
Description
Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Shop 2:
Renewed 5 Year Lease to 2023
Options to 2028
Net lease, tenant pays all usual outgoings
Strong trading history as an optometrist for over 20 years
Shop recently upgraded with new carpet, ceilings, lighting and paintwork
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 Income:
Shop 2: $37,495 pa + GST
Property Details