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3/162 Avoca Drive
Avoca Beach NSW 2251
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Sold on 7 Jun 2017

3/162 Avoca Drive Avoca Beach NSW 2251

  • Offices
  • 85 m²
  • Sold

New 7 Year Lease Prime Beachside Suburb

7 year lease to 2024 plus options to 2035.
Strong trading tenant in occupation for 17 years.
Substantial LJ Hooker franchise, dominant market position.
85 sqm property with 18 m wide frontage•Avoca Beach – fashionable Sydneysider holiday destination and commuter suburb with strong local growth.
Easily managed single tenant investment.
Tenant pays all outgoings incl. land tax and management (as per lease).
Minimum 3% annual rent increases(minimum net income $85,971 in 2023).
Net Income: $72,000 pa + GST

AUCTION

Auction date and time16/05/2017 11:00
Auction locationAsk Agent

Property Highlights

Date Sold7 Jun 2017
Floor AreaAsk Agent
Land Area85 m²
ParkingAsk Agent
Property ID2013533940
Category
 Offices
Last updated  18 May 2017
Map for 3/162 Avoca Drive Avoca Beach NSW 2251

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Property Highlights

Date Sold7 Jun 2017
Floor AreaAsk Agent
Land Area85 m²
ParkingAsk Agent
Property ID2013533940
Category
 Offices
Last updated  18 May 2017

Listed by

Burgess Rawson Sydney
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(02) 9232 6288

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