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3-4/55 Sorlie Road
Frenchs Forest NSW 2086
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Sold on 13 Feb 2023

3-4/55 Sorlie Road Frenchs Forest NSW 2086

  • Shop & Retail
  • 234 m²
  • Sold

Premium Retail Investment with National Tenant Net Yield 5.75%

    * Total internal area: 234m2
    * Long standing secure tenant on a 5+5 year lease
    * DA approved gym operation
    * Two separate lots combined for this tenancy offering great future flexibility
    * Modern security building in tranquil setting
    * Excellent street/signage exposure with full height glass windows
    * Ducted A/C throughout
    * Currently fitted out as a gym operation with reception, open floor space, 3 separate offices and a breakout room
    * 2 bathrooms with showers included
    * 4 car spaces on title
    * 2 additional separate storage rooms on title
    * Common disabled bathroom facilities
    * 29 visitor under cover car park with internal lift and additional street parking out the front and surrounding streets
    * Disabled access from the street or lift from visitors car park
    * Zoning - B1 Neighbourhood Centre
    * Outgoings - $17,848 per annum approx.

    Lease Details;
    * Tenant Vision Personal Training Studio (Gym)
    * 5 + 5
    * Expiry April 2025
    * Reviews 2.5% annually
    * Security $20,853.30
    * Net Rent $88,253 + GST
    * Outgoings 100% payable by the tenant

    Neatly positioned on the ground floor fronting directly onto Sorlie Road, with its leafy surrounds and community feel, this shop is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve and Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the property is very well placed in terms of connectivity, convenience and accessibility.

    Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

    **All rentals are per annum and quoted areas/measurements are approximations only**

    Property Highlights

    Date Sold13 Feb 2023
    Floor Area234 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018160823
    Category
    Last updated  12 Feb 2023
    Map for 3-4/55 Sorlie Road Frenchs Forest NSW 2086

    Nearest transport* to 3-4/55 Sorlie Road Frenchs Forest NSW 2086

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    Property Highlights

    Date Sold13 Feb 2023
    Floor Area234 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018160823
    Category
    Last updated  12 Feb 2023
    Level 1, Suite 15/888 Pittwater Rd Dee Why NSW 2099

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