SOLD BY MICHAEL BURGIO 0430 344 700, 336B Barrenjoey Road,
Newport, NSW 2106
Shops & Retail • Offices • Medical & Consulting
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$920,000
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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
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SOLD BY MICHAEL BURGIO 0430 344 700, 336B Barrenjoey Road
Newport, NSW 2106
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DEE WHY, NSW 2099
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