Investment opportunity. Leased to an expanding national business - Premium corner freehold.
A freestanding corner retail investment leased to the founders of the fast growing beauty business Blow Bar Co.
The property is situated on the Corner of Montague (7m frontage) and Beattie Street (11m frontage).
Located in the one Sydney's best known peninsula's in the inner west, Balmain.
The suburb is home to a mix of boutique shops, restaurants, cafes and pubs mixed in with mainly residential terrace style houses.
Tenancy details:
Rent: $78,000 pa Net + GST
Term: 5 years x 5 year option.
Commencement: October 2021
Annual increases: 3%
Outgoings: $4,091,52 pa - 100% paid by the tenant.
Bond: 6 months bond
Guarantees: By Directors
For further information or to inspect the property, please contact the Agents.