A solid beachside investment with an excellent return which is currently two shops combined with a lease in place.

* The current 5+5 lease is in its second period and expires on 14/9/2023 with the tenant keen to stay
* North facing outdoor courtyard – reception area – 3 treatment rooms – kitchen – bathroom/laundry – storage
* Zoned B1 neighbourhood centre = many uses permitted with Northern Beaches Council consent including shop top housing
* Solid, professional Chiropractor tenant in place on a long term lease
* Yearly CPI rent increases in the lease
* Tenant pays council rates – $590.00 pq for both shops
* Tenant pays water rates – $177.30 pq + usage – for each shop
* Owner pays the $600.00 pq strata levy
* The current rent is $2,728.82 inc GST per month
* You won’t find a better overall investment

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Narrabeen 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.