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Shop 18, 24-30 Springfield Avenue, POTTS POINT NSW 2011

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$630,000

Retail/Shops/Shopping Ctrs/Service Stns
Land size:
37 sq.m
Building size:
37 sq.m
Property ID:
405115

Main content:

Potts Point Retail Investment

Brand new retail investment on the door step of Harris Farm in Potts Point. New 3 + 3 year lease to established tenants, Pink Nails. The property is located within the renovated Village Centre precinct, anchored by Harris Farm and surrounded by Potts Point's vibrant cafe, restaurant and night life traders, allowing business for trade extended hours with high traffic flow. 
 
- The newest centre in Potts Point 
- 17 specialty stores 
- 17 to 96sqm areas 
- Potts Point is undersupplied with specialty retail services 
- The Springfield Avenue level occupied by iconic grocer Harris Farm 
- Five year guaranteed leases for investors (subject to conditions) 
- Controlled security environment 
- Probably the last opportunity to secure a-grade retail shops in Potts Point 
- 25,000 residents within a one kilometer radius 
- High end expenditure; 96% of the population are on above average incomes and spend 46% more on shopping than other suburbs 
- Potential for alfresco eateries with grease trap and exhaust available in most shops 
- Easy access with excellent loading dock facilities 
- Will appeal to the coffee bar mentality of the residents 
- Escalator and lift facilities allow easy movement through the centre 
- 4.5 star energy rating 
- Vast amounts of natural light will lend a marketplace feel 
- Why would you invest in anything but property RIGHT NOW?

Summary

Building Area
37 m²
Land Area
37 m²
Occupancy
leased investment

Sale Information

Sale Price
$630,000

Lease Information

Rental (p/a)
$630,000
Outgoings Paid By
tenant

More information


Address is approximate.