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NOVAK Properties -  Northern Beaches
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1 Collaroy Street Collaroy, NSW 2097

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For Sale

1 Collaroy Street Collaroy, NSW 2097

Shop & Retail
Sale Price

For Sale | Offers Over $425,000

Land area

51.0m²

Floor area

35.0m²

Car spaces

1

Zoning

B2 - Local Centre

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$28,000
Number of Tenants
1 Tenant
Tenants / Type
Dry Cleaners

ENTRY LEVEL SOLID INVESTMENT 7.36% YIELD*

SEE IT TODAY, TONIGHT, TOMORROW, ANYTIME YOU LIKE? CALL US, WE NEVER SLEEP :)

| Gross Yield of 7.36%*
| Tenant pays $31,292 gross per annum
| Net Rent $28,000 per annum
| Brand new 5 years lease + 5 years option
| 3% yearly rent increases
| Lessee pays Council, Strata and Water $3292 pa
| Lessee responsible for maintenance of all fixtures & fittings
| Established tenant with secure business
| Sole Dry Cleaners business operator in Collaroy servicing over 5000+ households
| Low Outgoings & Strata
| Great superannuation opportunity
| Phenomenal Ground floor retail investment
| Versatile open plan space
| Floor to ceiling glass windows
| Floods of natural light
| 3 phase power
| Below 50 residential units
| 140m to busy Collaroy beach
| 140m to B-Line and Express City Buses
| 1 allocated car parking space, directly in front of shop
| Air Conditioning system
| Shared bathrooms
| Zoning: B2 - Local Centre
| Zoning website: https://www.planningportal.nsw.gov.au/spatialviewer/#/find-a-property/address
| * Estimated Gross Yield

Additional information

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External websites

Property ID: 503280322Last Updated: 15 Aug 2019

NOVAK Properties -  Northern Beaches
1 Collaroy Street
Collaroy, NSW 2097
Belinda Choo
Michael Burgio

NOVAK Properties - Northern Beaches

822 Pittwater Road
DEE WHY, NSW 2099

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NOVAK Properties -  Northern Beaches

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NOVAK Properties - Northern Beaches

822 Pittwater Road
DEE WHY, NSW 2099
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Belinda Choo

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Belinda Choo
NOVAK Properties - Northern Beaches
1 Collaroy Street Collaroy, NSW 2097

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Belinda Choo

    Belinda Choo

    NOVAK Properties - Northern Beaches
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  • Michael Burgio

    Michael Burgio

    NOVAK Properties - Northern Beaches
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