15/1125 Pittwater Road, Collaroy, NSW 2097

Investment | Retail

Sold $650,000

  • Property ID: 307663
  • Floor Area: 60m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 60m2 N/A N/A
Great Investment - 6% Net Return on a New 3+3 Lease!

Area: 60sqm. With a new 3+3 lease in place as of March 2018, this is great for investors in their Superfund! With a distinguishable presence on Pittwater Road directly opposite Collaroy Beach, this boutique shop is sure to impress employees and customers alike. Perfect for all retailers, real estate agents, professionals; the list goes on.

FEATURES:
*Currently leased by boutique custom jeweller
*New 3-year lease with 3-year option and 4% annual increases
*Air-conditioned retail area
*Full height glass shopfront facing Pittwater Road
*Common M&F bathrooms
*2 secure basement car spaces
*Great signage opportunities
*5sqm of extra storage
*Bus stop at your front door
*Annual Net rent of $39,000 + GST
*Approx outgoings $7,098 + GST PA
*Net rent - lessee pays 100% of outgoings

For more information or to arrange an inspection contact Vincent West on 0403 444 000.

Positioned opposite Collaroy Beach, this shop benefits from a great frontage & excellent exposure to Pittwater Road with plenty of foot traffic from beachgoers, surrounding retailers, pubs & food outlets. Multiple beachside council car parks over the road. With 50,000 vehicles per day using Pittwater Road combined with the high-density residential surrounding, business is set to thrive.

LOCATION: On the western side of Pittwater Road, Collaroy with a main bus stop for the Northern Beaches directly in front. Collaroy is a popular beachside suburb situated between Dee Why and Narrabeen on Sydney's Northern Beaches. Collaroy is well serviced by public transport, banks, post office and retailers. Collaroy is also an entertainment hub with numerous cafes, restaurants, bars and a cinema complex.

** All rentals are per annum and quoted areas/measurements are approximations only **

Collaroy Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $93 ---
Offices $6667 $333 5.00%
Retail $7500 $333 4.44%
This is the average advertised price, rent and yield for Collaroy, NSW 2097*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 15/1125 Pittwater Road, Collaroy, NSW 2097. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 15/1125 Pittwater Road, Collaroy, NSW 2097. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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