THIS IS A RARE OPPORTUNITY TO SECURE A QUALITY WHOLE GROUND FLOOR STRATA TITLE RETAIL INVESTMENT IN NEUTRAL BAY.
This property comprises of two separate tenancies being Shop 1 a deli/cafe with retail frontage to Waters Road and Shop 2 a restaurant/bar with retail frontage to Waters Lane opposite Woolworths Supermarket.
FEATURES INCLUDE:-
* Two (2) separate Tenancies totalling 400 sqm (appox)
* Exclusive use of internal courtyard
* Three (3) single security car spaces
* Gross combined income of $281,205.00 Gross PA + GST
* Long Term Tenants - Experienced Cafe/Restaurant Operators
* Double street frontage
* Sought after retail position in a busy pedestrian location
* Potential for further subdivision (STCA)
Estimated Outgoings paid by Tenants:
Water Rates $2,347.68 PA
Council Rates $1,982.60 PA
Strata Levies: $30,765.40 PA
MOTIVATED VENDOR, THIS PROPERTY MUST BE SOLD!
FOR FURTHER INFORMATION OR TO ARRANGE AN INSPECTION PLEASE CONTACT
LJH COMMERCIAL - NORTH SYDNEY ON 02 9922 5599 OR
Garry Burling on 0412 443 440
Jennifer Hampton on 0402 913 473