7/331-335 Barrenjoey Road Newport NSW 2106

CBRE, as the exclusive listing agent is pleased to present Shop 7, 331- 335 Barrenjoey Road, Newport. An affordable investment opportunity on Sydney's affluent Northern Beaches in the heart of Newport's busting retail village. Leased to Caffeine Villains, an established cafe operator who has just exercised their 5-year option.

Shop 7, 331- 335 Barrenjoey Road, Newport benefits from the following key attributes:

New 5-year lease to October 2025
Net Annual Income of $30,065*
Sought after fixed 3% annual rental increases
Bank Guarantee equivalent to 3 months' rent and GST
Established tenant, Caffeine Villains, having just exercised their 5-year option.
Prime location within the heart of Newport Village's bustling retail precinct neighboring Pizza Hut, BWS, eateries and retail boutiques.
Capital intensive tenant fit-out
Backs on to Foamcrest Avenue Council Car Park providing significant passing foot traffic.
Exhaust and access to grease trap
Outdoor seating for 33 seats

Shop 7, 331- 335 Barrenjoey Road, Newport will be sold via a Public Auction on Tuesday the 4th of May, 2021 at AuctionWORKS Mezzanine Level, 50 Margaret Street, Sydney NSW 2000 (Livestream and Online Bidding available)

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.