Investment | Retail

Property ID: 242800

 

SOLD BY SHEAD - AT AUCTION

Shop 6/2 Redleaf Avenue, Wahroonga, NSW 2076

Prime Retail Investment - New 8 Year Lease to Pharmacy

Located in the heart of tightly held, well regarded and busy Wahroonga shopping strip is this retail shop currently leased to a Pharmacy.

This is a Prime Retail Investment and presents a rare opportunity for investors.

• New 8 Year Lease (commenced Dec 2016)
• Net Income $49,000 pa ex GST
• Tenant Pays 100% Outgoings
• Fixed Annual 3.5% Rent Increases
• Shop Area 42sqm + Security Car Space
• Sought After Wahroonga Location
• Rare Opportunity For Investors

Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.

Sold

$900,000

Bill Geroulis