Area: 98 sqm + Additional 48sqm. With a new 5 + 5 lease signed in October 2018, this Collaroy gem is a perfect and secure investment for any portfolio, single investment or Self Managed Super Fund! In an admirable position on Veterans Parade, Z-Bar is nestled within the community's major shopping hub. Surrounded by IGA, Wheeler Heights Public School and a host of local businesses there is no shortage of customers both locally and out of area that visit the area on a regular basis.
FEATURES:
*Currently Leased by Z-Bar
*New 5 Year Lease with 5 Year Option
*Annual Net Rent $83,200 + GST
*Annual CPI reviews
*Air-Conditioned Café/Restaurant with Liquor License
*Common M/F Bathrooms maximizing internal seating
*Outdoor seating
*Public Transport at Your Front Door
*Approx outgoings: $11,996 PA
*Lessee pays 100% of Outgoings
LOCATION: Collaroy is a popular beachside suburb situated between Dee Why and Narrabeen on Sydney's Northern Beaches. Collaroy is well serviced by public transport, banks, post office and retailers.
***All rentals are per annum and quoted areas are approximations***