Sold
Situated along Main Road in Wellington Point, this 75m²* retail tenancy is currently occupied by long-standing local business, Studio AH. This property presents an excellent opportunity for investors to secure a quality asset in a highly sought-after Bayside location, offering strong exposure and a recently upgraded internal fitout.
Key Features:
- Net Income of $33,534* PA + GST
- 3.5% fixed annual increases with market reviews at options
- Tenant pays 100% of all outgoings
- Leased to longstanding local hairdresser - Studio AH
- 5 Year term commencing June 2024 with 2 x 5 Year options
- Great exposure to Main Road in a high foot/vehicle traffic location
- Recently completed mezzanine level and updated internal fit out
*approx.
For further information or to arrange an inspection, please contact the Exclusive Agents from Quartz Commercial.
Brix Realty Pty Ltd ACN 662 868 359 trading as Quartz Commercial (“we, us”) make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. The information is general information only and any examples given are for illustrative purposes.