Shop 2, 13-15 Francis Street,
Dee Why, NSW 2099

SELF MANAGED SUPER FUND INVESTMENT SPECIAL !!

Outstanding retail investment opportunity with a nett return of 8.5% per annum plus annual rental increases of 4% and additional depreciation benefits. The current tenant has signed a NEW 3 x 3 X3 year lease .

The shop is ideally located in a near new mixed commercial residential building on Francis Street Dee Why, the shop is fully air conditioned and carpeted. Other benefits not to be overlooked are the Four (4) undercover car spaces and separate lock up storage area which are all on tittle.

Lease details -

* Shop area 67 sqm
* Four under cover car spaces on title
* Tenant pays 100% of outgoings
* New 3x3x3 lease which commenced 1st November 2010
* 3 sqm Storage area on title
* Security - $6000 cash bond plus directors personal guarantees
* Fixed rental increases of 4% per annum
* The current tenant has be in occupation since 2007

The current tenant, Hairfree centre, is sound, with 41 shops in an expanding network of stores in NSW,ACT,Victoria,SA and Tasmania, they are the largest "hair reduction specialist" in Australia.

This is an excellent opportunity to secure a high quality high yielding investment plus depreciation !!!!!!!!!

For further details contact - DAVID FALVO 0402 043 2...