Raine and Horne Commercial are pleased to offer for sale at an affordable retail investment located at shop 5, 379 Old South Head Road, North Bondi.
This is a rare opportunity to purchase a fully leased retail shop offering excellent exposure and rental growth.
The property offers excellent vehicle and pedestrian traffic flow and exposure and leased to excellent tenants.
• Building area 50 sqm (approx.)
• Lease term: 3 x 3 year lease
• Fully self-contained retail shop
• Current rent - $29,744 per annum plus GST
• Annual increases of four (4%) percent
• The shop includes air conditioning, own bathroom and kitchen
• Basement Storage
This property will be sold