23/176 South Creek Road,
Cromer, NSW 2099
Shops & Retail • Offices
Price information
Sold
$705,000
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Sold on
Clarke & Humel Property - MANLY
L1/49 North SteyneMANLY, NSW 2095
04158402...
23/176 South Creek Road
Cromer, NSW 2099
Map of 23/176 South Creek Road
Sold by Clarke & Humel
- Internal 52sqm + 52 sqm covered terrace
- Five car spaces
- Existing 5-year lease expiring October
Located in Cromer's premier industrial estate, on the eastern side of South Creek Road between Middleton Road and Penrith Avenue. This property is currently leased to a café that services the entire industrial estate. The property comes with five designated car spaces for staff and customers, making it effortless for both the tenant and their customers to access the store. This investment property offers exceptional value.
* Land on title 255sqm
* Internal 52sqm + 52 sqm covered terrace
* Five car spaces
* Existing 5-year lease expiring October 2027
* 5-year option to October 2032
* Annual rent $46,929 PA + GST
* Net return of $43,197.8 pa + GST
* Annual increase of 4%
* Alfresco outdoor seating area
* Located Industrial complex with over 70 factories
* Land on title 255sqm
* Internal 52sqm + 52 sqm covered terrace
* Five car spaces
* Existing 5-year lease expiring October 2027
* 5-year option to October 2032
* Annual rent $46,929 PA + GST
* Net return of $43,197.8 pa + GST
* Annual increase of 4%
* Alfresco outdoor seating area
* Located Industrial complex with over 70 factories
Property ID: 504284500Last Updated: 2 Oct 2023
Clarke & Humel Property - MANLYL1/49 North Steyne
MANLY, NSW 2095
MANLY, NSW 2095
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