SOLD BY MICHAEL BURGIO 0430 344 700, 336B Barrenjoey Road,
Newport, NSW 2106
Shops & Retail • Offices • Medical & Consulting
Price information
Sold
$920,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of SOLD BY MICHAEL BURGIO 0430 344 700, 336B Barrenjoey Road
SOLID INVESTMENT OPPORTUNITY
- 5 + 5 year lease through to 2023
- Net Income: $58,938 pa, lessee pays o.g.
- Annual fixed 3% rent increases
SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)
Here it is folks. A fantastic opportunity to secure a high quality investment in the hub of Newport which is a highly sought out area
This grand opportunity comprises 105 sqm internally and 169 sqm land adjoining free hold retail shops luxury apartment development & is currently occupied by the well-known "LH Hooker Newport"
Primly occupying a favorable position, the premises are modern & well maintained with frontage to busy Barren Joey road.
Newport is a vibrant, commercial seaside suburb which enjoys an arrangement of fabulous beaches, river & eateries & is popular amongst both locals & tourists. This well-established suburb has a great mix of both retail & residential properties & has seen an impressive growth within the last 12 months!
The quality tenant, long-term lease, certainty of rental growth and high profile exposure location make this property a superb entry level investment opportunity not to be missed. We highlight further positive attributes of this investment below:
More?
- 5 + 5 year lease through to 2023
- Net Income: $58,938 pa*outgoing payable by lessee (except landtax)
- Annual fixed 3% rent increases
- Extremely busy main road location, 44,000+* vehicle movements daily
- Featuring large, shopfront display windows, high ceilings & a fantastic,
- high quality fit out + Air conditioning & rear door access
- Land Tax $2,200 pa, Council Rates $1,941 pa , Insurnace $1,224 pa
- Ground floor Strata Title investment
Here it is folks. A fantastic opportunity to secure a high quality investment in the hub of Newport which is a highly sought out area
This grand opportunity comprises 105 sqm internally and 169 sqm land adjoining free hold retail shops luxury apartment development & is currently occupied by the well-known "LH Hooker Newport"
Primly occupying a favorable position, the premises are modern & well maintained with frontage to busy Barren Joey road.
Newport is a vibrant, commercial seaside suburb which enjoys an arrangement of fabulous beaches, river & eateries & is popular amongst both locals & tourists. This well-established suburb has a great mix of both retail & residential properties & has seen an impressive growth within the last 12 months!
The quality tenant, long-term lease, certainty of rental growth and high profile exposure location make this property a superb entry level investment opportunity not to be missed. We highlight further positive attributes of this investment below:
More?
- 5 + 5 year lease through to 2023
- Net Income: $58,938 pa*outgoing payable by lessee (except landtax)
- Annual fixed 3% rent increases
- Extremely busy main road location, 44,000+* vehicle movements daily
- Featuring large, shopfront display windows, high ceilings & a fantastic,
- high quality fit out + Air conditioning & rear door access
- Land Tax $2,200 pa, Council Rates $1,941 pa , Insurnace $1,224 pa
- Ground floor Strata Title investment
Property ID: 501622181Last Updated: 5 Jun 2019
04211111...
SOLD BY MICHAEL BURGIO 0430 344 700, 336B Barrenjoey Road
Newport, NSW 2106
NOVAK Properties - Northern Beaches822 Pittwater Road
DEE WHY, NSW 2099
DEE WHY, NSW 2099
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
348 Barrenjoey Road,Newport, NSW 2106 1789 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
$735,000
3/355 Barrenjoey Road,Newport, NSW 2106 46 m²Shops & Retail • Medical & Consulting • Offices
