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LA PEROUSE, NSW
Prop ID: 332904
SALE

RETAIL 8% RETURN
Shop 3, 1599 Anzac Parade, LA PEROUSE NSW 2036
Building Area:
123 m²
Occupancy:
vacant possession
Parking Spaces:
1
Sale Price:
$1,075,000 (GST ex)


THE LOCATION

Located on the northern side of Botany Bay, La Perouse is a historically rich suburb which enjoys beautiful beaches creating a large number of customers for this prime investment. Tourists are attracted to La Perouse as well as Sydney residents who enjoy fishing, scuba diving and local attractions such as the La Perouse Museum.

THE TENANT

Just two doors down from La Perouse Yeeros is Tony’s Café Restaurant which has been open and trading by the same tenant for the last three years. The cafes are run by a husband and wife team who live in the area and have a large local clientele base. Seeing an opportunity in the market, they decided to expand and open La Perouse Yeeros. La Perouse Yeeros caters to an eat in or take away customer, a concept which suits the demographic at La Perouse Point. With a proven track record and experience earned through running and owning food outlets for the past twenty years, this investment will bring great stable returns.

- Experienced tenant
- Net rent $86,625 per annum
- Area 123sqm approx
- Long term lease 5 + 5 + 5 years
- Newly built building with three retail traders
- Yeeros restaurant and takeaway
- One car space
- Grease trap and exhaust


Agent Details

City Commercial Property Pty Ltd

Level 1, 33 Bayswater Rd

Tel: 0283541180

Fax: 0283541182


Contact:

Warren Duncan

Mobile: 0410 508 816

General: 0410 508 816

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To:
City Commercial Property Pty Ltd, Potts Point

Subject:
Property for sale - ID 332904

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Disclaimer - This listing is provided as a guide only. It is not a legal offer or advice. Whilst the information has been published in good faith, CRE makes no representations or promises as to the accuracy, completeness or currency of the information. You must make your own assessment and obtain advice if necessary. Neither CRE nor its member agents assume any liability (in negligence or otherwise) for any loss or damage which you may suffer as a result of your use of or reliance on this information.
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