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7&9/16 Washington Avenue
Niagara Park NSW 2250
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Sold on 14 Apr 2023

7&9/16 Washington Avenue Niagara Park NSW 2250

  • Shop & Retail
  • 144 m²
  • Sold, $495,000

Solid entry level investment with long lease!

  • Tenanted Investment
  • Solid Return of 6.46%
  • Long Term Lease

LJ Hooker Commercial Terrigal are proud to announce this fantastic opportunity to secure a solid, long term tenanted investment on the booming NSW Central Coast.

Featuring a strong tenancy in the Cake & Plate - Dessert Bar & Retail Emporium being situated in the premises since the early parts of the business's development, the now very popular business has had loyal following of local and out of area consumers.

The premises benefits from the high foot traffic the community centre provides, an open plan internal layout, full commercial kitchen area with production system in place along with a cool room and service area.

Comprising of 145m2 lettable area with a balance of being internal and external seating areas the premises heavily suits the community vibe and takes full advantage of the location and customer base the property has to offer.

Features include:
5-year lease + 3-year option
Long term established tenancy
Commercial kitchen provisions
Popular community location
Internal and external dining area's
Large centre car park

For more information or to arrange an inspection, please call Ben Purdue 0450 719 600 or Josh Nercessian 0468 880 546 today.

Property Highlights

Date Sold14 Apr 2023
Sold Price$495,000
Floor Area144 m²
Land Area144 m²
ParkingAsk Agent
Property ID2018393383
Category
Last updated  14 Apr 2023
Map for 7&9/16 Washington Avenue Niagara Park NSW 2250

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Property Highlights

Date Sold14 Apr 2023
Sold Price$495,000
Floor Area144 m²
Land Area144 m²
ParkingAsk Agent
Property ID2018393383
Category
Last updated  14 Apr 2023

Co-Agents

Ben Purdue
LJ Hooker Commercial Terrigal
Call
0450719600
Josh Nercessian
LJ Hooker Commercial Terrigal
Call
0468 880 546

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