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World Famous Bondi Beach Retail Investment

5/84 Campbell Parade , Bondi Beach NSW

Property Highlights

Rare Gem Investment
Iconic Bondi Beach Frontage
5 + 5 year lease

Description

Australia’s most famous beachside address
5 year lease to December 2023 + 5 year option
Attractive fixed 3% annual rent increases

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

One of Australia’s most tightly held real estate hotspots
Recent 5 + 5 year lease commencing 27 December 2018
Rental growth assured with fixed 3% annual rent increases
Experienced Italian restaurant operator with loyal Bondi Beach customer base
Prominent Campbell Parade retail premises with substantial Council licenced seating area directly in front of shop

Net Income: $115,470 pa + GST

Property Details

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

Price

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