Lot 3, 10-16 Kenrick Street The Junction NSW 2291

Shop & Retail
40 m²
Sold

Affordable investment within The Junction Village

40sqm* of strata area
Net income of $33,960 pa + GST
Leased until 2023 plus a 5 year option

The property is located on the ground floor of The Junction Village benefitting from its high exposure location, with large numbers of daily passing foot traffic and being a short stroll from major banks, cafes, retail stores and The Junction Fair Shopping Centre. Free on-site/street parking and public transport options are available within the direct vicinity.

The strata suite comprises 40sqm of open plan retail space and is currently leased to Amerge Pty Ltd on a five plus five year lease, expiring in February 2023 and returning $40,000 gross per annum (plus GST). The current tenant operates an additional three store locations in St. Ives, Mosman and Mona Vale.

For Sale by Private Treaty - $450,000 (sale of a going concern).

Please contact Nick Christensen for more information.

*Approximate.