Investment | Retail

Property ID: 225507

 

SECURE RETAIL INVESTMENT

3/11 Oaks Avenue, Dee Why, NSW 2099

Property Details:

* Situated in a busy central location in Dee Why's retail precinct
* A large strata retail property with existing tenants
* Broad street frontage in a mixed use building
* Open plan layout with separate storage rooms, amenities and kitchenette
* Exclusive use rights to covered display area located in front of the shop.
* Fully Air-Conditioned
* Proven tenancy with 2 years remaining on existing lease and a 5 year option
* Annual income $76,220 + GST as of 1st November 2016
* Annual fixed percentage increases
* Guaranteed growth of income
* Property Strata Area: 148 sqm
* 4 basement security car spaces on the title of the property
* Zoned B4 Mixed Use under the Northern Beaches Council LEP
* An excellent addition to any commercial property portfolio

Call to arrange an inspection NOW

Sold

Contact Agent

Robert Henderson