Shop 2/111-117 McEvoy Street,
Alexandria, NSW 2015

Other • Shops & Retail

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OVER 7.5% GROSS RETURN - SEAFOLLY - HIGH EXPOSURE CORNER LOCATION

BLUE CHIP investment with NEW LEASE to strong established long term tenant - SEAFOLLY situated on a corner landmark site.
Main road high exposure corner location on McEvoy Street. Includes security parking for 2 cars on separate titles. Access to the shop via front with loading/unloading via common rear loading area. Seafolly have been in this location for over 20 years.
- NET INCOME - $118,000 pa + GST
- Lettable area - 225m2
- New 5 year lease- Commenced 1st October 2022
- Bank guarantee
- Annual CPI increases - Due 1st October 2023
- Tenant - Seafolly Pty Ltd - Established in these premises over 20 years.
- Own amenities.
- Recently renovated.
- Includes 2 car spaces on separate titles.
- Access to side loading area.
- Located amongst other varied retail tenancies.

TROUBLE FREE INVESTMENT - SOLID LONG TERM ESTABLISHED TENANT

DETAILS: GEOFF GILLES - 0412 2547...
geoff@c21gilles.com.au

Property ID: 504306468Last Updated: 21 Dec 2023

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