Shead Property are pleased to be appointed exclusive selling agents for Shop 3, 108 Penshurst Street, Willoughby, to be offered for sale by way of public auction.
This leased investment is an excellent opportunity for investors;
* 3 x 3 year lease (commenced 1st August 2016)
* Health care tenant - Good Foot Podiatry
* Net income - $24,397 pa ex GST (approx)
* Fixed annual 4% Rent Increases
* Shop area 86sqm (approx) including storage + undercover car space
* Growth precinct
The shop is located on popular Penshurst Street's retail/showroom shopping strip, moments from Dan Murphy's, Australia Post and several Schools. It has excellent street frontage and exposure to Penshurst Street a key arterial road linking booming Chatswood to North Sydney and the City.
There is a pedestrian crossing directly in front of the shop, which connects the retail shopping strip and public parking located on the opposite side of Penshurst Street.
Price Guide - under $600,000
Public Auction - 10:30 am 23 May 2017
Mezzanine level, 50 Margaret Street, Sydney
For further details please contact Thomas Cresswell 0412 993 899 or Rick Sombroek 0412 280 181.
Disclaimer: Concept designs are subject to change. All data including conceptual fit out plans & images are provided for information purposes only and while all care is taken in its presentation Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.
