Shop 1/326-330 Barrenjoey Rd, Newport NSW

For Sale

Retail

$294,000

28m2

Great Investment Opportunity - 5.5% Net Return!!
Area: 28sqm. Shop 1/326-330 Barrenjoey Road is a fantastic low-risk investment opportunity. Conveniently located on the eastern side of Barrenjoey Rd, Newport, only a stone's throw from the beautiful Newport Beach, Coles supermarket and Newport Village.

FEATURES:
* FANTASTIC INVESTMENT - 5.5% Net Return!
* Tenanted Investment - Shot Lab
* Net Rent: $16,386pa.
* 5 x 5 x 5 year lease - Lease Start Date 05/2014.
* CPI Reviews Annually
* Market Review Every 3 Years
* High Pedestrian and Vehicular Traffic Area.
* Fantastic Exposure
* Beautiful Location
* Floor to Ceiling Glass Frontage
* Great Signage Opportunity
* Approx outgoings: $6,544 +GST PA

LOCATION: Newport is a popular beachside suburb in Sydney's Northern Beaches, with a vibrant village style retail strip frequented by locals and tourists alike. Located on the eastern side of Barrenjoey Road opposite the beach. Listen to the crash of the surf from this well located shop, perfect for professionals, boutique retail, or medical.

***All rentals are per annum & areas/measurements are approximations. It is up to lessees/purchasers to conduct their own investigations regarding any approvals required by governing authorities. ***