An exciting opportunity exists to purchase one or both of these freehold retail shops. Both occupied with longstanding tenants, there's flexibility to establish your own venture by utilising one shop, whilst receiving income from the other. Alternatively, collect the income from both!
Shop 6 is 42sqm and occupied as a café. 3 year lease ('07 - '10) plus two 3 year options (annual increases apply). Current passing rent $14,900 GST per annum.
Shops 7-8 is 48sqm and occupied by D-Stress (therapy). Expired lease with current passing rent $16,985 GST per annum.
- Take advantage of this prominent setting
- Located at the junction of New & Old South Head Roads
- Your choice of 2 retail spaces
- Both quality tenants
- Opportunity to occupy one shop and receive the income from the other
- Alternatively, receive good income from both
- Solid nest egg for the future
- Great value - buy one or both
Rates:
Shop 6:
Water $127.45pq
Council $97.96pq
Strata $549.39pq
Shop 7:
Water $127.45pq
Council $97.96pq
Strata $549.38pq
Shop 8:
Water $127.45pq
Council $42.53pq
Strata $222.92pq