Secure 10 year lease until October 2022.
Well exposed and high foot traffic position in The Forum above St Leonards train station.
The Forum has 32,000 sqm of commercial space, 770 apartments and approx 35 speciality retail stores.
Major Forum retailers inc McDonalds, Coles, Priceline, Flight Centre, Gloria Jeans Coffee.
Gateway to surrounding high density commercial,residential and enormous medical precinct.
Tightly held and rarely available investment opportunity in
Forum Retail.
This long established business has traded successfully in the same premises for over 10 years.
Includes exclusive outdoor seating area for Kekko customers and 2 separately leased parking spaces on title.
Attractive 4% pa fixed increases.
Bank guarantee of $57,864 + Directors guarantee.
Total Net Income $98,763 pa + GST.
Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney