10 Year Lease - Mrs Jones The Baker - Fixed 4% Annual Rent Increases
New 10 year lease to 2030 + opts
Fixed 4% Annual Rent Increases
Net Income $123,346 pa + GST
Cushman & Wakefield is pleased to present to the market Lot 14 - Freshwater Village at 1-3 Moore Road, Freshwater for Sale via Auction.
The property has the following key characteristics:
- 10 year lease to 2030 + options to 2040 - Mrs Jones The Baker - One of Sydneys most iconic & award winning bakers producing artisan breads, cakes, pastries & gelato with their flagship store in Freshwater & additional locations including Warringah & Frenchs Forest - Strategic corner retail position plus external area in Freshwater Village with direct access to Freshwater Beach - Rare Northern Beaches location situated 450m to Freshwater Beach, 3 km to world renowned Manly Beach & minutes to Manly CBD - Exceptionally presented fit-out with significant tenant capital investment - Lease secured by Director Guarantee & 3 month Bank Guarantee - Easily managed single tenant investment - Valuable fixed 4% annual increases ensuring locked in income growth - Net Income $123,346 pa + GST
The properties are for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted at a Sydney based location on Thursday 5 November at 12 noon AEDT.
Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
AUCTION
Auction date and time
05/11/2020 12:00
Auction location
Sydney NSW – Interstate Bidding Locations Also Available
