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Fantastic Collaroy Investment Opportunity - 5.49% Net Return
Retail
98m2
Location
Fantastic Collaroy Investment Opportunity - 5.49% Net Return
Retail
98m2
Location
Fantastic Collaroy Investment Opportunity - 5.49% Net Return
In an admirable position on Veterans Parade, Z-Bar is nestled within the community’s major shopping hub. Surrounded by IGA, Wheeler Heights Public School and a host of local businesses there is no shortage of customers both locally and out of area that visit the area on a regular basis.
* Total internal area 98 sqm + additional 48sqm
* Air-conditioned café/restaurant with liquor license
* Common M/F bathrooms maximizing internal seating
* Outdoor seating approved for alfresco dining
* Public transport at your front door
* Approx. per annum outgoings: $10,746.96
LEASE DETAILS
* Currently Leased by Z-Bar
* 5 year lease with 5 year option
* Strong 5.49% net return
* Lease commenced 02 October 2018
* Annual net rent $84,531.12 per annum + GST
* Annual CPI reviews
* Lessee pays 100% of outgoings (excluding Capital outgoings from strata)
Collaroy is a popular beachside suburb situated between Dee Why and Narrabeen on Sydney’s Northern Beaches. Only a 4 minute drive to the Wakehurst Parkway, a 3 minute drive to Pittwater Road and a 9 minute drive to Warringah Road connecting you to greater Sydney.
This excellent, street fronting, retail shop is nearby all the essentials. Neighbouring business includes a Bank, IGA, Deli, Butcher, Pharmacy,Video store, boutique restaurants and cafes, and an Australia Post Letter Box.