Shop 3, 54 - 58a Frenchs Road, Willoughby is a prime retail investment perfectly positioned in a sought after and tightly held retail strip. The property features a brand new 3 year lease to an established operator who rates highly with a 4.6 star rating on google.

The cafe is north facing, is off the highly congested main road and benefits from outdoor seating making for a pleasant dining experience.

Willoughby is set for a huge rejuvenation with high quality developers such as Mirvac, Hyecorp & First Quadrant expected to deliver over 750 apartments over the next few years. There will be a huge population growth as a result, increasing the need for retail and services in the immediate area. There is limited retail earmarked in these developments which will benefit shops like Shop 3, 54 - 58a Frenchs Road, Willoughby.

Willoughby, an affluent and highly sought after suburb on the North Shore, is located 2.5kms south of Chatswood and 7.5km north of the Sydney CBD. The M1 provides direct access to the CBD in 10 minutes.

Key Selling Features:
- Brand new 3 year lease to established tenant (4.6 star google rating)
- North facing cafe with outdoor seating
- 79 sqm* with 1 car space and 3 sqm* store room
- 3.5% fixed increases
- 6 month bank guarantee
- Lessee responsible for 100% of water rates, land tax on a single holding basis & 50% of special strata levies.
- Access to grease trap
- Leased until 28th September 2026
- No GST on sale
- Perfect for investor or future owner occupier
- Net Income of $56,762 + GST pa

For more information please contact the exclusive selling agents, Nick Lowry, CI Australia on 0408 891 3... or Rikki Wu, Trio Property Agency on 0432 017 873.