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6/179 Avoca Drive
Avoca Beach NSW 2251
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Sold on 10 Mar 2023

6/179 Avoca Drive Avoca Beach NSW 2251

  • Shop & Retail
  • 151 m²
  • Sold

STRATEGIC BEACHSIDE INVESTMENT WITH BLUE CHIP TENANT!

This exceptional commercial retail shop is located on the main road in Avoca Beach and is only 100m to the sand. Located in a prime location with high exposure and excellent parking in a small complex, this retail parcel represents a unique and quality investment opportunity.

There are limited retail opportunities within Avoca and this BWS Long Term Tenancy bottle shop business has excellent high turnover.

Brilliant, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
Long initial term of five (5) years plus options
Two (2) x five (5) year options until 2036
Rent will increase to $93,944.71 (as of 24/02/23)
Increase (annually) of 4% or CPI whichever is the lesser.
Long Established Business (Bottle Shop for 16 Years)

The zoning is a flexible B2 Local Centre zoning

This quality investment is an ideal âpick for your portfolioâ and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.

Call now to arrange an inspection!

Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property Highlights

Date Sold10 Mar 2023
Floor Area151 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018344548
Category
Last updated  10 Mar 2023
Map for 6/179 Avoca Drive Avoca Beach NSW 2251

Nearest transport* to 6/179 Avoca Drive Avoca Beach NSW 2251

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Property Highlights

Date Sold10 Mar 2023
Floor Area151 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018344548
Category
Last updated  10 Mar 2023
Suite 401 / 1 Bryant Drive Tuggerah NSW 2259

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