3/21-23 Old Barrenjoey Road, AVALON BEACH NSW 2107
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- 1 x Onsite parking
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- 27 Oct 2016
National Retail Tenant - Strong Lease - Great Investment
Shop Area: 131sqm. Additional covered outdoor on title area: 24sqm. Total Strata Area: 155sqm plus 1 car space. Immaculately presented retail shop with a strong lease to National Retailer, Witchery situated in Avalon considered the Byron Bay of the Northern Beaches
Lease Term: 6 Year lease plus 2x6 year options
Commencement date: 1st November 2013
Expiry date: 31st October 2019
Reviews: Fixed 4.5% annual reviews & 4.5% at option
Rent: $132,365 + GST
Outgoings: 100% payable by tenant.
* Outdoor area on title
* Modern mixed use development
* Open plan retail area
* Leased to national retail tenant
* Surrounded by cafes, boutique retailers and all ancillary services
* Net Income: $132,365
* Outgoings: $14,601 per annum approx.
* For Sale: $2,700,000
For further information, contact Vincent West on 0403 444 000.
Situated within a well presented modern mixed use development in the vibrant Avalon retail strip, the shop presents as an excellent investment to any astute investor.
Avalon is located on Sydney's upper Northern Beaches and is well serviced by all the necessary amenities & is the gateway to some of the Northern Beaches most exclusive properties.
**All rentals are per annum and quoted areas/measurements are approximations only**
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
3/21-23 Old Barrenjoey Road AVALON...