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Shop 3, 1599 Anzac Parade, LA PEROUSE NSW 2036

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$1,075,000 (GST ex)

Hotel / Accomm. / Leisure / Tourism, Retail/Shops/Shopping C…
Building size:
123 sq.m
Property ID:
332904

Main content:

RETAIL 8% RETURN


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

Summary

Building Area
123 m²
Occupancy
vacant possession
Parking Spaces
1

Sale Information

Sale Price
$1,075,000 (GST ex)

More information


Address is approximate.