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Shop 1, 296-304 Pacific Highway Crows Nest, NSW 2065

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Shop 1, 296-304 Pacific Highway,
Crows Nest, NSW 2065

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Near New Retail Investment - MORTGAGEE PORTFOLIO AUCTION

  • Great Presentation!
  • 3 + 3 + Year Lease
  • Large Glass Frontage
With a secure 3 + 3 + 3 year lease to established Japanese Restaurant “HaNa Ju-Rin”, this split level retail shop offers investors the opportunity to acquire a high returning asset with real potential for capital growth in a prime retail location. This creatively designed restaurant is located in the Imiza building, a mixed use development containing retail, office and residential completed in late 2009. Features include:
• 212sqm strata area + 1 secure car space.
• 3 + 3 + 3 year lease to Jurin Pty Limited from 1 June 2010.
• Fixed 4% annual increases & Market Review at start of option period.
• Security deposit of 3 months initial rent + GST.
• Director guarantee.
• Tenant pays 50% of all outgoings.
• Room for rental growth from current rate of $404/sqm p.a. + parking (gross).
• Large glass frontage to Pacific Highway.

Mortgagee Portfolio Auction: 28th February 2012
Mezzanine Level, 50 Margaret Street Sydney from 10.30am

To request a copy of the information memorandum, enquire or book a time to inspect, please contact Corey Beauchamp on 0400 877 331 or corey@rhns.com.au.

Property ID: 500210961Last Updated: 13 Dec 2013

02 9925 12...
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Shop 1, 296-304 Pacific Highway
Crows Nest, NSW 2065
Coutts North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060

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