1 Collaroy Street, Collaroy, NSW 2097

Retail

Sold $425,000

  • Property ID: 341438
  • Floor Area: 35m²
  • Land Area: 51m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 35m2 51m2 N/A
ENTRY LEVEL SOLID INVESTMENT 6.5% NET YIELD

SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)

| Net yield of 6.5%
| Tenant pays $31,292 gross per annum
| Net Rent $28,000 per annum
| Brand new 5 year lease + 5 year option
| 3% yearly rent increases
| Lessee pays Council, Strata and Water $3292 pa
| Lessee responsible for maintenance of all fixtures & fittings
| Established tenant with secure business
| Sole Dry Cleaners business operator in Collaroy
- servicing over 5000+ households!!!
| Low Outgoings & Strata
| Great superannuation opportunity
| Phenomenal Ground floor retail investment
| Versatile open plan space
| Floor to ceiling glass windows
| Floods of natural light
| 3 phase power
| Below 50 residential units
| 140m to busy Collaroy beach
| 140m to B-Line and Express City Buses
| 1 allocated car parking space, directly in front of shop
| Air Conditioning system
| Shared bathrooms
| Zoning: B2 - Local Centre
| Zoning website: https://www.planningportal.nsw.gov.au/spatialviewer/#/find-a-property/address
| * Estimated Gross Yield

"All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."

Collaroy Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6667 $333 5.00%
Retail $7500 $333 4.44%
Industrial --- $93 ---
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™.
  • 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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