ENTRY LEVEL SOLID INVESTMENT 6.5% NET YIELD

SOLD

1 Collaroy Street

Collaroy NSW 2097

Retail

FOR SALE

35m2

    • Building Name SOLD BY MICHAEL BURGIO 0430 344 700,
    • Floorplans View Floorplan

Amenities

SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)

| Net yield of 6.5%
| Tenant pays $31,292 gross per annum
| Net Rent $28,000 per annum
| Brand new 5 year lease + 5 year option
| 3% yearly rent increases
| Lessee pays Council, Strata and Water $3292 pa
| Lessee responsible for maintenance of all fixtures & fittings
| Established tenant with secure business
| Sole Dry Cleaners business operator in Collaroy
- servicing over 5000+ households!!!
| Low Outgoings & Strata
| Great superannuation opportunity
| Phenomenal Ground floor retail investment
| Versatile open plan space
| Floor to ceiling glass windows
| Floods of natural light
| 3 phase power
| Below 50 residential units
| 140m to busy Collaroy beach
| 140m to B-Line and Express City Buses
| 1 allocated car parking space, directly in front of shop
| Air Conditioning system
| Shared bathrooms
| Zoning: B2 - Local Centre
| Zoning website: https://www.planningportal.nsw.gov.au/spatialviewer/#/find-a-property/address
| * Estimated Gross Yield

"All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."