Baie Retail, 5/48 Yeo Street,
Neutral Bay, NSW 2089

This highly exposed corner shop offer investors a great opportunity to enter the retail investment market at an affordable price range.

The Tenant

Raspberry Beret is a unique women's fashion boutique selecting quality garments from around the globe. The store is dedicated to providing the latest styles at affordable prices.
We host top designers from Argentina, USA and Australia. Such diversity will inspire you to explore and ultimately express your individual style with panache.

The Shop

- Exposed Corner Position
- Next to Woolworths
- Stunning fit out
- Fully self-contained
- Great passing trade
- Surrounded by Cafes, Restaurants, Beauty operators & Medical Operators
- 36 sqm

Tenancy Details

Lease Term: 3 years
Commencement date: 13th August 2012
Expiry: 12th December 2015
Option Period: 2 years
Outgoings: Lessee pays 100% of outgoings
Increases: 4% fixed increases annually with market at the option
Rental: $26,000 p.a + GST plus
Method of outgoings payment: An estimate is paid monthly in advance with a reconciliation at the of the financial year
Outgoings paid by tenant: Land tax, Water Rates, Council Rates, Strata Rates (admin), Insurance, a portion of management fees
Net Rental: $26,000 p.a + GST

To inspect this property or for further information please contact Tom Doran on 0407 928 324