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The North Agency

8/63 Veterans Parade Collaroy Plateau, NSW 2097

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8/63 Veterans Parade,
Collaroy Plateau, NSW 2097

Warehouse, Factory & Industrial • Medical & Consulting • Offices

Price information

Sale

Contact Agent

Under Contract

Key property information

Floor area

Property extent

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$98,800
Number of Tenants
1 Tenant
Tenants / Type
Chemist / Pharmacy

Private inspections

to arrange a private inspection.
The North Agency
Lincoln Gutherson
Rob Henderson

The North Agency

MONA VALE, NSW 2103
DEE WHY, NSW 2099
The North Agency
8/63 Veterans Parade
Collaroy Plateau, NSW 2097

Map of 8/63 Veterans Parade

Directions
  • Bus stops within 5 km of 8/63 Veterans Parade, Collaroy Plateau, NSW 2097Distance
    Collaroy Plateau Shops, Veterans Pde0 m
    Veterans Pde Opp Collaroy Plateau Shops101 m
    St Rose's Primary School, Rose Av115 m
    Veterans Pde Opp Rose Av121 m
    Wheeler Heights Public School, Rose Av172 m
    POWERED BY HERE ©
POWERED BY HERE ©

RETAIL / COMMERCIAL INVESTMENT – LONG TERM TENANCY

The North Agency Commercial have been appointed as exclusive sale agents for this exceptional commercial / retail investment opportunity located in the retail hub of Veterans Parade Collaroy Plateau. The property, owned in strata title, is being sold with a long-term lease to a well-established chemist's business strategically positioned to service not only the Plateau and surrounding suburbs, but the Narrabeen War Veterans Retirement Village which is located directly opposite. The property would be a worthy addition to any property investment portfolio. A traditionally tightly held real estate area, the opportunities to purchase an investment of the quality are rare.

Investors take note of this opportunity.

Key Features include:
* Ground level commercial / retail facility situated in thriving retail location
* A boutique contemporary mixed-use building of 8 retail shops & 5 residential units
* Exceptional street presence and exposure with easy client access from the common car park directly outside.
* Internally the shop has a modern, practical design in an open plan layout
* Mezzanine level office used for pharmaceutical supply and storage
* Lease term of 15 years with expiry date in December 2033
* Two options of 5 years to extend the lease.
* Current annual rent of $98,800 + GST Net
* Tenant pays all statutory outgoings
* Annual rent reviews to fixed percentage
* Separate Kitchen and staff area and large storage room
* Strata Area – 100 sqm (approx.) + 45 sqm mezzanine (approx.)
* Zoned E1 Local Centre under Northern Beaches Council LEP
* Public parking adjoining the building
* The property would make a great addition to any property portfolio.

Property ID: 504559528Last Updated: 29 Apr 2024

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