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7/63 Veterans Parade
Collaroy Plateau NSW 2097
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Sold on 26 May 2021

7/63 Veterans Parade Collaroy Plateau NSW 2097

  • Shop & Retail
  • 98 m²
  • Sold

Fantastic Collaroy Investment Opportunity - 5.49% Net Return

    In an admirable position on Veterans Parade, Z-Bar is nestled within the community's major shopping hub. Surrounded by IGA, Wheeler Heights Public School and a host of local businesses there is no shortage of customers both locally and out of area that visit the area on a regular basis.

    * Total internal area 98 sqm + additional 48sqm
    * Air-conditioned café/restaurant with liquor license
    * Common M/F bathrooms maximizing internal seating
    * Outdoor seating approved for alfresco dining
    * Public transport at your front door
    * Approx. per annum outgoings: $10,746.96

    LEASE DETAILS
    * Currently Leased by Z-Bar
    * 5 year lease with 5 year option
    * Strong 5.49% net return
    * Lease commenced 02 October 2018
    * Annual net rent $84,531.12 per annum + GST
    * Annual CPI reviews
    * Lessee pays 100% of outgoings (excluding Capital outgoings from strata)

    Collaroy is a popular beachside suburb situated between Dee Why and Narrabeen on Sydney's Northern Beaches. Only a 4 minute drive to the Wakehurst Parkway, a 3 minute drive to Pittwater Road and a 9 minute drive to Warringah Road connecting you to greater Sydney.

    This excellent, street fronting, retail shop is nearby all the essentials. Neighbouring business includes a Bank, IGA, Deli, Butcher, Pharmacy,Video store, boutique restaurants and cafes, and an Australia Post Letter Box.

    Property Highlights

    Date Sold26 May 2021
    Floor Area98 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2016925127
    Category
    Last updated  26 May 2021
    Map for 7/63 Veterans Parade Collaroy Plateau NSW 2097

    Nearest transport* to 7/63 Veterans Parade Collaroy Plateau NSW 2097

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    Property Highlights

    Date Sold26 May 2021
    Floor Area98 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2016925127
    Category
    Last updated  26 May 2021

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