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SOLD BY MICHAEL BURGIO 0430 344 700, 7&8/1000 PITTWATER RD Collaroy, NSW 2097

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SOLD BY MICHAEL BURGIO 0430 344 700, 7&8/1000 PITTWATER RD,
Collaroy, NSW 2097

Shops & Retail • Showrooms & Large Format Retail • Offices

Price information

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$457,500

Key property information

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Floor area

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Map of SOLD BY MICHAEL BURGIO 0430 344 700, 7&8/1000 PITTWATER RD

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Insane Retail investment

  • Gross Rental 9.97%
  • 2 adjoining strata retail shops
  • Lease till August 2016 + 2 year option
Income details:

Rent incl. GST
$860.78 P.W
$3,740.30 P.C.M
$44,883.56 P.A

Outgoing details:(Tenant: Share of Outgoings $100 PM plus GST)

Warringah Council

Lot 42 = $254.50 per quarter
Lot 43 = $254.50 per quarter
Sub total = $509 per quarter

Total $2,036.00 per annun
____________________________
Standard Levy details:

Lot 42 = $317.65 inc GST per quarter
Lot 43 = $349.45 inc GST per quarter
Sub Total = $667.10 inc GST per quarter
______________________________

Total $2,667.40 inc GST per annun

Here it is folks. A fantastic opportunity to secure a high quality retail investment in the hub of sought after Collaroy.
This grand opportunity comprises 2 adjoining strata retail shops within the “Collaroy Reef” luxury apartment development & is currently occupied by the well known “Stellar Formal Wear” who have occupied these premises for 11 years!
Primly occupying a favourable position, the premises are modern & well maintained with frontage to busy Pittwater road.

Collaroy 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!
More?
• Prime retail space + an outstanding central position = an outstanding buy!
• Terrific main road exposure + easily accessible
• The premises are set in "Collaroy Reef", a luxury apartment development in Collaroy
• Comprises 2 strata shops of superb presentation. These are adjoining, interconnecting shops
• Featuring large, shopfront display windows, high ceilings & a fantastic, high quality fit out
• + Air conditioning & rear door access to 2 undercover secure car spaces
• + Visitor car parking, easily accessible goods offloading into the shops, use of on site storage room
• This is a rare opportunity that should not be missed
• Area approx: 73sqm!!!

Other businesses located in this area include:
• Long Reef Surf
• Alfresco Emporium
• Outdoor Shack
• Windsurf ‘N’ Snow Sydney
• Larry Adler Ski & Outdoor
• Davonne Blinds, Shutters, Curtains & Awnings
• Collaroy Paint Place
• Liquorland
• Wicks Surf

Property ID: 501026851Last Updated: 5 Jun 2019

02 8978 68...
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SOLD BY MICHAEL BURGIO 0430 344 700, 7&8/1000 PITTWATER RD
Collaroy, NSW 2097
NOVAK Properties - Northern Beaches
822 Pittwater Road
DEE WHY, NSW 2099

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