6, 179 Avoca Drive, Avoca Beach, NSW 2251

Retail

Sold $1,425,000 Under Offer

  • Property ID: 426658
  • Floor Area: 151m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 151m2 N/A N/A
STRATEGIC BEACHSIDE INVESTMENT WITH BLUE CHIP TENANT!

This exceptional commercial retail shop is located on the main road in Avoca Beach and is only 100m to the sand. Located in a prime location with high exposure and excellent parking in a small complex, this retail parcel represents a unique and quality investment opportunity.

There are limited retail opportunities within Avoca and this BWS Long Term Tenancy bottle shop business has excellent high turnover.

Brilliant, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
Long initial term of five (5) years plus options
Two (2) x five (5) year options until 2036
Rent will increase to $93,944.71 (as of 24/02/23)
Increase (annually) of 4% or CPI whichever is the lesser.
Long Established Business (Bottle Shop for 16 Years)

The zoning is a flexible B2 Local Centre zoning

This quality investment is an ideal ‘pick for your portfolio’ and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.

Call now to arrange an inspection!



Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Avoca Beach Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9437 --- ---
Offices --- $370 ---
This is the average advertised price, rent and yield for Avoca Beach, NSW 2251*

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.
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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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