7/331-335 Barrenjoey Road,
Newport, NSW 2106
Shops & Retail • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
7/331-335 Barrenjoey Road
Newport, NSW 2106
Map of 7/331-335 Barrenjoey Road
PERFECT AFFORDABLE INVESTMENT IN BUSTLING RETAIL VILLAGE
- 5 Year Lease to Oct 2025
- Fixed 3% Annual Rental Increase
- Tenant: Established Cafe
CBRE, as the exclusive listing agent is pleased to present Shop 7, 331- 335 Barrenjoey Road, Newport. An affordable investment opportunity on Sydney's affluent Northern Beaches in the heart of Newport's busting retail village. Leased to Caffeine Villains, an established cafe operator who has just exercised their 5-year option.
Shop 7, 331- 335 Barrenjoey Road, Newport benefits from the following key attributes:
•New 5-year lease to October 2025
•Net Annual Income of $30,065*
•Sought after fixed 3% annual rental increases
•Bank Guarantee equivalent to 3 months’ rent and GST
•Established tenant, Caffeine Villains, having just exercised their 5-year option.
•Prime location within the heart of Newport Village's bustling retail precinct neighboring Pizza Hut, BWS, eateries and retail boutiques.
•Capital intensive tenant fit-out
•Backs on to Foamcrest Avenue Council Car Park providing significant passing foot traffic.
•Exhaust and access to grease trap
•Outdoor seating for 33 seats
Shop 7, 331- 335 Barrenjoey Road, Newport will be sold via a Public Auction on Tuesday the 4th of May, 2021 at AuctionWORKS Mezzanine Level, 50 Margaret Street, Sydney NSW 2000 (Livestream and Online Bidding available)
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
Shop 7, 331- 335 Barrenjoey Road, Newport benefits from the following key attributes:
•New 5-year lease to October 2025
•Net Annual Income of $30,065*
•Sought after fixed 3% annual rental increases
•Bank Guarantee equivalent to 3 months’ rent and GST
•Established tenant, Caffeine Villains, having just exercised their 5-year option.
•Prime location within the heart of Newport Village's bustling retail precinct neighboring Pizza Hut, BWS, eateries and retail boutiques.
•Capital intensive tenant fit-out
•Backs on to Foamcrest Avenue Council Car Park providing significant passing foot traffic.
•Exhaust and access to grease trap
•Outdoor seating for 33 seats
Shop 7, 331- 335 Barrenjoey Road, Newport will be sold via a Public Auction on Tuesday the 4th of May, 2021 at AuctionWORKS Mezzanine Level, 50 Margaret Street, Sydney NSW 2000 (Livestream and Online Bidding available)
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
Property ID: 503804458Last Updated: 21 Mar 2024
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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