An investment guaranteed to keep you smiling showing a 7 percent net return.
Leased to Shore Dental, a business of over thirty years standing at a current rent of $124,950 pa, this exceptional commercial property presents a rare opportunity for investors seeking strong ongoing returns. The superbly maintained property offers a 5 5 5 lease with rental increases compounding at 5% p.a. It also features an extremely high profile corner position in the heart of Neutral Bay's bustling shopping precinct.
- 206m2 upper level layout featuring 7 consulting rooms
- 2 bathrooms, staff room, waiting room, reception, office
- Stylish modern interiors flooded with natural light
- Quality fit-out delivering massive depreciation benefits
- Highly visible 30m frontage on the corner of Military Rd
- 2 car spaces, large free council car park at rear
- Tenant pays all outgoings, trouble free strata management
- A smart addition to any superannuation portfolio