13-17 Kennedy Crescent Bonnet Bay NSW 2226

Exclusively listed for sale via Auction (unless sold prior) is this fantastic high yielding mixed use retail investment which is located within the beautiful and leafy suburban suburb of Bonnet Bay. The property occupies an impressive 2,653m2* and has a great tenancy mix anchored by a long standing supermarket and liquor operator and complemented by Pizza Restaurant, Hairdresser, Personal training Gym & Accountant plus a two bedroom residential unit above with glimpses of the Woronora River.

This dominant centre offers the astute investor a significant holding net income of $228,664 which is spread amongst the 980m2* of lettable area and has ample on grade parking with 32 spaces and an additional 4 at the rear. The lease expiries are staggered with the bulk of the income locked in beyond October 2024 making this a must see opportunity.

• Outstanding fully leased** retail investment
• $228,664 net income anchored by supermarket & liquor
• Majority of income locked in beyond October 2024
• Mixed use retail centre with 7 shops & one residential unit
• Previous scheme available for development uplift (STCA)

*Approx
** Subject to rental guarantee