SOLD
SOLD
SOLD
SOLD

Entry Level | Sydney Northern Beaches Retail Investments | Tenants on New & Renewed 5 Year Leases from 2018

1320 Pittwater Road , Narrabeen NSW

Property Highlights

Shop 2 – Eyes Optical

Entry Level Investment

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1 SQM
Gross Building Area
1 SQM

Contact Agent

Michael Vanstone

+610 403 580528

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