, Collaroy NSW

For Sale

Retail

SOLD

30m2

Internal area = 30sqm plus 1 covered parking space. Affordable entry level investment, get a return on your hard earned money!

LEASE DETAILS:
* Tenant: Recruitment Agency
* Lease Term: Two (2) Years
* Termination Date: 31/04/16
* Option Term: Two (2) Years
* Security: Bank Cheque equivalent to Two (2) months rent & GST
* Personal Guarantee: Yes
* Rent: $19,500 + GST Gross (including outgoings) per annum
* Annual Reviews: CPI, market review at the commencement of the option.

Estimated Approximate Annual Outgoings:
* Strata Levies: $1,529.60
* Council Rates: $1050
* Water Rates: Included in strata levies.
* Total Annual Outgoings: $2,579.60.

FEATURES:
* 1 secure basement car space
* Unrestricted car parking around facility
* Access to disabled toilet at rear
* Kitchenette
* For Sale: Offers over $270,000 exclusive of GST
* 6.27% yield @ $270,000.

Situated in a boutique line of professional and retail strip shops, this clean and modern property is now available with opportunities of ongoing exposed advertising to over 50,000 passing cars per day.

The property is & possesses a myriad of benefits with wide shop frontage, high ceilings, full height glass windows and rear access to the basement car park. Offered at a very reasonable price suitable for anyone looking to cash in on this first-class position.

LOCATION:
The property sits prominently on the eastern side of busy Pittwater Road, virtually opposite “Upper Crust” the Northern Beaches’ most iconic pie shop. Collaroy is one of the Peninsula’s most attractive locations with beautiful Collaroy Beach around the corner and a short walk to Long Reef Headland and Golf Course.

***All rentals are per annum and quoted areas/measurements are approximations only***
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