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1/11 Mitchell Street
Norah Head NSW 2263
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Sold on 24 Nov 2022

1/11 Mitchell Street Norah Head NSW 2263

  • Shop & Retail
  • 264 m²
  • Sold

Tenanted Investment, Long Standing Business, Prime Beach Location!

    AN OPPORTUNITY IS KNOCKING! Add this prime investment to your portfolio, in one of the most sought after beach locations on the Coast. This tenanted investment consists of a strong, well established tenant, with a large following from both locals and attendees from out of area.

    This will be a set and forget style investment, with a long term tenancy in place over the next eight years, plus two 5 year options on top. The property covers approximately 264sqm of area consisting of a large pool area, storage/office space, toilet and shower amenities and an additional 6m dive pool. This investment is not one to be missed!

    Tenancy information:

    Current Net income - 39,647.40 net plus GST
    Tenant pays 100% of all outgoings, including Council, Water and building insurance
    Lease term Ten (10) years x Five (5) x Five (5) - Commencement Sept 2020
    Long term established tenancy (Norah Head Water Fitness Centre and Swim School)
    An Accredited Austswim and ASCTA Swim School

    Key property features include:

    Prime location - One of the Coastâs best sea side suburbs
    Approximately 264sqm across 3 separate areas
    Located within a busy local hub
    Indoor pool approximately 12.5m x 4.5m with additional 6m deep dive pool
    Toilet and shower amenities
    Zoned B1 Neighbourhood Centre
    Ample Parking at the front of the premises, with a designated parking at the rear

    Disclaimer:
    All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

    Property Highlights

    Date Sold24 Nov 2022
    Floor Area264 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Property ID2017974358
    Category
    Last updated  28 Nov 2022
    Map for 1/11 Mitchell Street Norah Head NSW 2263

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    Property Highlights

    Date Sold24 Nov 2022
    Floor Area264 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Property ID2017974358
    Category
    Last updated  28 Nov 2022
    Suite 401 / 1 Bryant Drive Tuggerah NSW 2259

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