Being offered for sale by way of Expressions of Interest is this excellent leased investment, located on popular Penshurst Street's retail/showroom shopping strip, moments from Dan Murphy's, Australia Post and several Schools. It has excellent street frontage and exposure to Penshurst Street a key arterial road linking booming Chatswood to North Sydney and the City.
There is a pedestrian crossing directly in front of the shop, which connects the retail shopping strip and public parking located on the opposite side of Penshurst Street.
* Shop Area: 90m2
* Parking: 2 undercover car spaces
* Kitchenette, toilet amenities and air conditioning
* Excellent exposure
* Key pedestrian crossing at front of shop
* Growth precinct
Tenant - Cavallo Kitchens
Gross Income - $41,200 pa ex GST
Rent Review - Fixed annual 3% rent increases
Lease Term - 3 Year Lease (commenced April 2016)
Option Term - 3 Years
Expressions of Interest close 31st August 2017 at 4pm.
For further details please contact Thomas Cresswell 0412 993 899 or Jacob Broxom 0422 194 532.
Disclaimer: Concept designs are subject to change. All data including conceptual fit out plans and images are 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.