• FIVE + FIVE + FIVE YEAR LEASE
• CURRENT NET RENT: $60,477 (As Of Sept 2020)
• PROMINENT CORNER LOCATION
Raine and Horne Commercial are pleased to offer this corner retail investment known as shop 3, 665 Anzac Parade, Maroubra to be sold via public auction.
Situated on a prominent corner and forms part of the Maroubra Junction Commercial precinct is strata titled retail shop of 65 Sqm (approx) includes two valuable car spaces and a storage unit on title and offers an affordable investment to the astute investor.
Located on a busy Anzac Parade and offering excellent both excellent pedestrian as well as vehicle exposure to thousands of cars a day, the property is further serviced by excellent public transport and only 11 km's from the CBD, the property is moments from Pacific Square Shopping Centre, Maroubra Library as well as a number of well established businesses and eateries.
This investment really ticks all the boxes.
Key selling points:
Building area: 65 Sqm (app)
Lease term: Five (5) Years to an established pizza restaurant
Options; Two further options of Five (5) years
Current net rent: $60,477 (as at 11th Sept 2020)
Annual Fixed increases
Includes a double lock up garage and storage
This investment is sure to impress
For more information or to arrange an inspection please contact the selling agents.