6/42-46 Wattle Road, Brookvale, NSW 2100

Retail

Sold

  • Property ID: 443507
  • Floor Area: 85m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/05/2024 85m2 N/A Contact Agent
Premium Retail Investment. Beat the Banks – Circa 6.1% Net Return

Don't miss out on this opportunity to secure this premium investment with a brand new 3 year + 5 year lease in place. The property is currently being operated as a Vietnamese restaurant and generates a generous 6.1% Net return. This property has incredible signage opportunities from both Wattle Road and Mitchell Road. This opportunity will not last long.

* 85 sqm internal area
* 40 sqm outdoor dining space
* 2 parking spaces
* Commercial kitchen in place
* Serving counter
* Grease trap and exhaust
* Microwave
* Grill
* Double deep fryer
* 1 wash basin and 1 stainless steel wash basin
* Bain marie
* Storage racks
* 5 Freestanding stainless steel worktops
* Gas cooker
* 1 Cool Room
* Internal and external unisex amenities
* Air-conditioning throughout
* Abundance of foot traffic
* Outgoings $10,957.97 per annum approx.

Tenancy Details
* Commencing Date: 8 April 2024
* Annual rent: $60,000 Gross + GST
* Term: 3 Years + 5 Years
* Reviews: 4% increases annually
* Bond: 3 months

In the practical, iconic "Eastpoint" development in the sought-after Northern Beaches Brookvale Industrial Precinct. Situated on the corner of Wattle Road and Mitchell Road, just a stones throw away from Westfield Warringah Mall, Australia Post, banks, potential suppliers and clients. Pittwater and Warringah Road are close by for access to Greater Sydney.

For more information or to arrange an inspection, please call Paul Cunningham 0413 161 661 or Saxon Stonehouse 0408 033 330

**All prices are per annum and quoted areas/measurements are approximations only**

Brookvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $402 ---
Industrial $7649 $321 4.20%
Offices $6761 $427 6.32%
This is the average advertised price, rent and yield for Brookvale, NSW 2100*

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:

  • 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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