Prime Commercial with Development Potential , 3 & 4, 112 Terrigal Esplanade,
Terrigal, NSW 2260
Shops & Retail • Other
Price information
Sold
$2,600,000
Key property information
Floor area
Parking info
Property extent
Zoning
Tenure type
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Map of Prime Commercial with Development Potential , 3 & 4, 112 Terrigal Esplanade
Prime Commercial with Development Potential
- Directly opposite Beach and Surfclub
- Prime Commercial - Development Potential
- Long established tenant
Once in a lifetime opportunity to secure one of Terrigal’s most sought-after commercial freeholds before potential changes in negative gearing and capital gain’s tax.
Location:
Absolute prime position directly opposite Terrigal Beach offering the ultimate exposure at the entry point into Terrigal’s busy commercial strip.
Property Description:
Ground floor 7-day a week location
Lots 13 & 14 to be sold in one line.
Lot 13 75m2 + 7m2 Balcony
Lot 14 68m2
Café has space for over 100 patrons
Bustling food location of Terrigal
Going concern
Tenant description:
Long established tenant (BellyFish Cafe) with proven track record of success.
Easily managed
Commencement 1st September 2018
Lease period: 5 years to 2023
Option period 5 years to 2028
Total Rent per Annum:
Net: $130, 627 + GST
Gross: $152,945.69 + GST
Development Potential:
Huge potential for redevelopment representing 25.4% of strata allocation in Terrigal’s premier development site.
Location:
Absolute prime position directly opposite Terrigal Beach offering the ultimate exposure at the entry point into Terrigal’s busy commercial strip.
Property Description:
Ground floor 7-day a week location
Lots 13 & 14 to be sold in one line.
Lot 13 75m2 + 7m2 Balcony
Lot 14 68m2
Café has space for over 100 patrons
Bustling food location of Terrigal
Going concern
Tenant description:
Long established tenant (BellyFish Cafe) with proven track record of success.
Easily managed
Commencement 1st September 2018
Lease period: 5 years to 2023
Option period 5 years to 2028
Total Rent per Annum:
Net: $130, 627 + GST
Gross: $152,945.69 + GST
Development Potential:
Huge potential for redevelopment representing 25.4% of strata allocation in Terrigal’s premier development site.
Property ID: 503173786Last Updated: 22 Jul 2019
04108725...
Prime Commercial with Development Potential , 3 & 4, 112 Terrigal Esplanade
Terrigal, NSW 2260
Stone Real Estate - Terrigal112 Terrigal Esplanade
TERRIGAL, NSW 2260
TERRIGAL, NSW 2260
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