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45A Avalon Parade Avalon Beach, NSW 2107

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45A Avalon Parade,
Avalon Beach, NSW 2107

Shop & Retail

Price information

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$3,250,000

Key property information

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Floor area

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Map of 45A Avalon Parade

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Prime Freehold Investment | Three Tenancies | Town Centre Location

A rare opportunity for Sydney Investors to purchase an exceptionally placed commercial building in the heart of the Avalon Village. Positioned within moments to Avalon Beach and nestled directly between the Commonwealth Bank and Avalon's Post Office, this property offers outstanding potential as a flagship trophy investment for any portfolio.

Same owners for 17 years, this building offers purchasers an opportunity to acquire a fully leased freehold investment in one of Sydney's Northern Beaches most tightly held premium lifestyle destinations.

Key Investment Considerations:
- Three separate tenancies fully leased, with an approximate total income of $140,000 net pa + gst
- Rent Increases 3% per annum
- 328.8m2 site with a 6.095m Avalon Parade frontage
- North facing aspect, light filled retail/office spaces in Avalon's main shopping strip
- Zoned B2 local centre, scope to convert to shop top housing STCA
- High traffic position
- Rear access by lease from Bellevue Avenue

Improvements:
- New Colour Bond Trimdek roof on front building
- New Actron reverse cycle 3 phase air-conditioning ducted system for first floor tenancy
- New commercial grade shop fronts; bi-folds for ground floor shop and floor to ceiling glass sliders with indoor/outdoor feel for upper level
- Extensive electrical work completed
- Polished concrete floors on both front building levels

This is a highly sought after location from a tenant's view point and a solid income for any investor. Don't miss this opportunity, first time offered in 17 years.

Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Avalon Beach by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property ID: 504068747Last Updated: 1 Jul 2022

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45A Avalon Parade
Avalon Beach, NSW 2107
LJ Hooker - Avalon Beach
64 Old Barrenjoey Road
AVALON BEACH, NSW 2107
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