Belrose
10 & 10a/28 Lockwood Avenue
Sale
$5,180,000
573 sqms
Key details
Property Type
Retail
Highlights
Brand New Retail – 10 Year Lease – Wellness Centre (7% Net Yield)
A rare chance to secure high-performing, brand-new retail investment in one of the Northern Beaches' most desirable and fast-evolving suburbs. This outstanding opportunity combines long-term lease's, premium-grade construction and an unbeatable location adjacent to Glenrose Village Shopping Centre. Belrose is experiencing ongoing demographic and infrastructure growth, making it a solid choice for long-term capital and income security.
A rare chance to secure high-performing, brand-new retail investment in one of the Northern Beaches' most desirable and fast-evolving suburbs. This outstanding opportunity combines long-term lease's, premium-grade construction and an unbeatable location adjacent to Glenrose Village Shopping Centre. Belrose is experiencing ongoing demographic and infrastructure growth, making it a solid choice for long-term capital and income security.
* Internal Area: 573sqm
* 12 car spaces included
* 10 year lease to a Wellness Centre
* Part of a newly constructed, boutique shop top development
* Disabled access to each tenancy, ensuring compliance and accessibility
* Central open-air atrium with landscaped surrounds and alfresco seating
* Multiple lift access points providing ease of movement for all users
* End-of-trip facilities, including bicycle storage and shared disabled amenities in the building
* Approx. 3 – 3.2m ceiling height
* Zoning: E1 Local Centre
* Completion anticipated by December 2025
Lease details
* Tenant: LVS – Living Vitality Spa (Wellness Centre)
* Term: 10 years
* Reviews: 4 % annually
* Rent: $362,500 + GST Net
* Outgoings: $67,578 approx per annum
Belrose has very leafy surrounds and a lovely community feel and this development is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve & Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the building is very well placed in terms of connectivity, convenience and accessibility.
Contact Vincent West 0403 444 000, Oliver Rosati on 0428 877 888 or Jackson Bekis on 0419 011 211 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
* Internal Area: 573sqm
* 12 car spaces included
* 10 year lease to a Wellness Centre
* Part of a newly constructed, boutique shop top development
* Disabled access to each tenancy, ensuring compliance and accessibility
* Central open-air atrium with landscaped surrounds and alfresco seating
* Multiple lift access points providing ease of movement for all users
* End-of-trip facilities, including bicycle storage and shared disabled amenities in the building
* Approx. 3 – 3.2m ceiling height
* Zoning: E1 Local Centre
* Completion anticipated by December 2025
Lease details
* Tenant: LVS – Living Vitality Spa (Wellness Centre)
* Term: 10 years
* Reviews: 4 % annually
* Rent: $362,500 + GST Net
* Outgoings: $67,578 approx per annum
Belrose has very leafy surrounds and a lovely community feel and this development is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve & Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the building is very well placed in terms of connectivity, convenience and accessibility.
Contact Vincent West 0403 444 000, Oliver Rosati on 0428 877 888 or Jackson Bekis on 0419 011 211 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
Contact the agent
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