Retail investment in blue chip location
Located in the heart of Beecroft Village this street front retail shop is an ideal investment opportunity offering a strong return with a seasoned tenant on a long lease.
In a unique village setting, this property also offers good growth potential in a tightly-held blue chip locale.
* 45sqm retail shop with 6m wide main street frontage plus parking
* Basement security car space plus single car stacker (total property area 74sqm)
* Fantastic location with regular pedestrian traffic
* Strong existing retailer located next to hairdresser, bakery and beautician
* Trading since 2004 as a ladies fashion store
* New 5 + 5 + 5 year lease with annual CPI increases
* Substantial security held against lease
* Offering strong rental return of approx 7% NET per annum
* Zoned Business A (General) suitable for retail, office and food uses
* Ideal entry level retail investment
* Excellent growth potential in blue chip locale.
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.