Forde Property is pleased to offer for sale Shop 1/1 Diamond Street, Cooroy.
First time on the market in almost 20 years. This retail spaces offers 2 quality long term tenants.
Subway on a new 5 x 5 x 5 year lease, having extended a previous 10 year term.
Imperial Hotel on a 3+3 year lease, occupying the premises since 2001.
Ideally located on the busy corner of Elm and Diamond Streets, the property is surrounded by other strong tenants in the Cooroy Village Shopping Centre. The popular shopping centre is also the home to The Cooroy Hotbread Kitchen Bakery, Cooroy Laundromat, Cooroy Fish n Chips, Deepak Indian restaurant and takeaway and the Cooroy Denture Clinic.
With top notch restaurants like Copperhead and services such as the architectural award winning Library and Butter Factory Arts Centre all with in a stones throw away, make this an ideal location.
With a net income of circa $74k pa, this leased investment offers a solid return to investors. Limited stock, so act now to lock in this passive income stream.
For more information, please contact Donna Ingram 0413 547 914
Tom Forde 0417333335
