Buyers looking for an affordable investment for Super fund, look no further.
Here is a low maintenance Commercial Shop with a healthy and popular local business already established within it.
Located in Top Beachside Block across the road from Collaroy Beach and right near all the amenities, city bus route, the clubs and restaurants, the beachside appeal is very much here. A total of 89m2 which include two carspaces.
The tenant is a long term tenant, with another 2 yrs on lease and has expressed desire to stay.
With a gross return on investment of approximately 6.8% pa, hurry to secure this property.
Rent return is $17604 pa + GST 5 year lease, expires 2016.
Tenant pays Council rates $246 pq and Strata admin $353.13 pq.
Owner pays Water rates $163 pq and Strata sinking fund $134.34 pq.