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6/42-46 Wattle Road Brookvale, NSW 2100

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6/42-46 Wattle Road,
Brookvale, NSW 2100

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Premium Retail Investment. Beat the Banks – Circa 6.1% Net Return

Don't miss out on this opportunity to secure this premium investment with a brand new 3 year + 5 year lease in place. The property is currently being operated as a Vietnamese restaurant and generates a generous 6.1% Net return. This property has incredible signage opportunities from both Wattle Road and Mitchell Road. This opportunity will not last long.

* 85 sqm internal area
* 40 sqm outdoor dining space
* 2 parking spaces
* Commercial kitchen in place
* Serving counter
* Grease trap and exhaust
* Microwave
* Grill
* Double deep fryer
* 1 wash basin and 1 stainless steel wash basin
* Bain marie
* Storage racks
* 5 Freestanding stainless steel worktops
* Gas cooker
* 1 Cool Room
* Internal and external unisex amenities
* Air-conditioning throughout
* Abundance of foot traffic
* Outgoings $10,957.97 per annum approx.

Tenancy Details
* Commencing Date: 8 April 2024
* Annual rent: $60,000 Gross + GST
* Term: 3 Years + 5 Years
* Reviews: 4% increases annually
* Bond: 3 months

In the practical, iconic "Eastpoint" development in the sought-after Northern Beaches Brookvale Industrial Precinct. Situated on the corner of Wattle Road and Mitchell Road, just a stones throw away from Westfield Warringah Mall, Australia Post, banks, potential suppliers and clients. Pittwater and Warringah Road are close by for access to Greater Sydney.

For more information or to arrange an inspection, please call Paul Cunningham 0413 161 6... or Saxon Stonehouse 0408 033 3...

**All prices are per annum and quoted areas/measurements are approximations only**

Additional information

Property ID: 504613632Last Updated: 8 Jul 2024

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6/42-46 Wattle Road
Brookvale, NSW 2100
Upstate - Northern Beaches
Suite 15, Level 1, 888 Pittwater Road
DEE WHY, NSW 2099

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