Freestanding Investment Opportunity CBRE are please to present 206-208 Condamine Street, Balgowlah.
A freestanding investment opportunity within Sydney's tightly held Northern Beaches.
Highlights Include -
- Strong tenant mix including national tenants Plus Fitness 24/7 & Taubmans Professional Trade Centre (PPG Industries)
- Strategically located in the heart of the Northern Beaches large format retail precinct
- Potential value add opportunities
- 4.42 Year WALE* (based on floor area)
- Net Income of $283,138.85 per annum
WELL PRESENTED SHOP IN CENTRAL LOCATION Located on busy Sydney Road, next to Post Office and award winning restaurants. Well presented ground floor shop/professional suite situated in popular open air arcade.
* Corner position * Extensive glass shop front * Kitchenette * Great exposure next to Post Office * Ideal for professional use * Suitable for a multitude of usages
Brand New Lease - Brand New Development - 6% Net Return Shop Area: 112sqm. Plus 6 car spaces. Brand new development with brand new 5 year lease. This in demand retail/bulky goods strip attracts quality tenants and little vacancy.
Lease Commencement: March 2016
Term: 5 year lease + 5 year option
Rent: $52,640 + GST Net
Outgoings: 100% paid by tenant
Bond: Equivalent to two months' rent inclusive of outgoings and GST
*Brand new building
*2 titles for future flexibility
*Open plan, column free
*6 Car spaces and loading dock
*Exposure to busy Condamine Street
UNIQUE RETAIL INVESTMENT WITH LONG-TERM TENANT Located in boutique shopping complex on the North-East corner of Burnt and Kirkwood Street, Seaforth, this superb property represents an excellent investment opportunity.
* Centrally located street front shop approx. 76 sqm * High ceilings, polished floorboards, integrated loft/cupboard storage * Full height storage beneath floor, lockable with power * Zoned retail, currently leased to an established, long-term tenant * 3 + 3 year lease term * Low Outgoings * Ample public parking
LONG-TERM TENANT SHOWING EXCELLENT RETURN.
For further information, contact LJ Hooker Comme...
4 x FULLY FITTED OUT FOOD APPROVED COMMERCIAL KITCHENS Located in a small commercial zoned building in a fringe neighbourhood area. Quality high yielding investment. 4 x food approved commercial kitchens in neighbourhood retail/commercial strip.
Benfits include: * 4 separate tenancies fully fitted out * Includes walk in freezers, coolrooms, stainless steel shelving, sinks, gas bayonet points, extraction hoods and much more... * Tiling, drainage and 3 phase power * Ample street parking/shared amenities * Building recently refurbished including new paint work and roofing * Potential for future development
Mixed Residential / Retail Opportunity - 2 Titles Large mixed use building featuring multiple access points Currently configured as 2 ground floor retail shops + 2 oversized residential units Fully leased with roof top terrace + 4 undercover car spaces In need of refurbishment or redevelopment (subject to council approval) Significant potential to reconfigure into additional smaller apartments, strata subdivision or budget accommodation (subject to council approval) Situated amongst known retailers such as KFC, Dan Murphys, Bunnings, Harvey Norman