Beachfront Investment Opportunity… Tightly Held Newport Retail


Newport NSW 2106




Area – 50sqm. A rare offering to the bustling beachside suburb of Newport, this shop is perfectly suited to budding investor looking to expand their portfolio.

Tenancy Details:
Tenant – Akaliko Rejuvenation Clinic
Term - 2 years + 2 years
Commencement – March 2015
Rental - $25,000 + GST Gross
Reviews – Greater of CPI or 4% annually

*Glass shopfront provides excellent natural light
*Exposure to Coles Parade provides great signage opportunities (STCA)
*Venetian curtains to shopfront windows
*Two air conditioning units
*Tiled flooring throughout
*Rear access door
*Communal Male & Female amenities within the building
*Only a moments’ walk to the beach & Coles supermarket
*Two parking spaces
*Outgoings - Approximately $5,594 per year
*For Sale - $349,000 exclusive GST

Not often is an investment like this offered to the market in the bustling beachside suburb of Newport. Located on a minutes’ walk to the sand and just around the corner from the popular Coles supermarket, the property fronts Coles Parade providing excellent exposure and plenty of customer parking.

Situated on Coles Parade, in between Barrenjoey Road and Foamcrest Avenue, amongst Newport’s boutique retail strip well trafficked by pedestrians and cars alike, close to the proposed multi-million dollar Woolworths development. Come and take advantage of one of the Northern Beaches most affluent areas reminiscent of Byron Bay. Just a short stroll to Newport Beach, Australia Post, banks, all manner of retail services, car parking and public transport.

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