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NOVAK Properties -  Northern Beaches

1 Collaroy Street Collaroy, NSW 2097

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1 Collaroy Street,
Collaroy, NSW 2097

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$430,000

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NOVAK Properties -  Northern Beaches
NOVAK PROPERTIES

NOVAK Properties - Northern Beaches

822 Pittwater Road
DEE WHY, NSW 2099
02 8978 68...
NOVAK Properties -  Northern Beaches
1 Collaroy Street
Collaroy, NSW 2097

Map of 1 Collaroy Street

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ENTRY LEVEL SOLID INVESTMENT 6.5% NET YIELD

SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)

| Net yield of 6.5%
| Tenant pays $31,292 gross per annum
| Net Rent $28,000 per annum
| Brand new 5 year lease + 5 year option
| 3% yearly rent increases
| Lessee pays Council, Strata and Water $3292 pa
| Lessee responsible for maintenance of all fixtures & fittings
| Established tenant with secure business
| Sole Dry Cleaners business operator in Collaroy
- servicing over 5000+ households!!!
| Low Outgoings & Strata
| Great superannuation opportunity
| Phenomenal Ground floor retail investment
| Versatile open plan space
| Floor to ceiling glass windows
| Floods of natural light
| 3 phase power
| Below 50 residential units
| 140m to busy Collaroy beach
| 140m to B-Line and Express City Buses
| 1 allocated car parking space, directly in front of shop
| Air Conditioning system
| Shared bathrooms
| Zoning: B2 - Local Centre
| Zoning website: https://www.planningportal.nsw.gov.au/spatialviewer/#/find-a-property/address
| * Estimated Gross Yield

"All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."

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Property ID: 503280322Last Updated: 10 May 2024

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