Presenting an unprecedented retail/commercial/residential opportunity in the heart of Bondi Beach's ever-popular retail, cafe & restaurant precinct, this property is an ideal investment opportunity. Featuring:
• Land size approx 225sqm
• Internal area approx 140sqm
• Desirable 3(a) commercial zoning
• Rental income $90,000 pa + GST
• On current lease with pharmacy
• Lease period: 1 June 2006 - 31 May 2011
• Lease term: 5 years (with a 5 + 5 year option)
• Rent review: Percentage increase yearly
• Lessee contributes 50% of outgoings
• Average Land Value for 2007 $418,333
• Huge exposure on centrally located Hall St
• Open-plan retail/showroom
• Level access, excellent frontage
• Ample potential to retain or upgrade