Frenchs Forest
Sold
$1,000,000 ex GST
234 sqms
Key details
Property Type
Retail
Highlights
Secure Retail Investment in Popular Neighbourhood Strip
Area: 234sqm. Two lots leased as one to an iconic national franchise this is a great opportunity to secure am investment within a modern highly sort after building. With a Net return of 7.3% it wont last long.
Area: 234sqm. Two lots leased as one to an iconic national franchise this is a great opportunity to secure am investment within a modern highly sort after building. With a Net return of 7.3% it wont last long.
Lease details:
Tenant: Visional Personal Training
Lease expiry: June 2021
Reviews: 3% annual reviews
Net Rent: $73,156 + GST & outgoings
Features:
* 2 Car spaces & 1 Storage area per lot
* Fully tenanted building
* Full height glass windows
* Excellent signage opportunities
* Great natural light
* Full reverse cycle ducted air-conditioning
* Friendly neighbourhood atmosphere
* Total Outgoings: $14,517 PA Approx. (100% recoverable from tenant)
* Inspections by appointment
*Sale price is $1,000,000 and is not negotiable as it provides an excellent return with a full five years to run on the lease.
Built with quality architectural features in 2009, this building presents exceptionally well and has the tried and tested mix of residential and commercial that works so well. The shop includes two adjoining lots providing savvy investors broader possibilities in the future. The strata lots are situated on the ground floor of a very popular, fully occupied mixed use development.
Location:
Within minutes from the Warringah Road and Forrest Way intersection and the Forest way shopping centre . This is a great position in the heart of Frenchs Forests leafy neighbourhood with many thriving businesses sharing the complex. This location is highly sort after and will continue to attract quality tenants.
**All quoted areas/measurements are approximations only**
Lease details:
Tenant: Visional Personal Training
Lease expiry: June 2021
Reviews: 3% annual reviews
Net Rent: $73,156 + GST & outgoings
Features:
* 2 Car spaces & 1 Storage area per lot
* Fully tenanted building
* Full height glass windows
* Excellent signage opportunities
* Great natural light
* Full reverse cycle ducted air-conditioning
* Friendly neighbourhood atmosphere
* Total Outgoings: $14,517 PA Approx. (100% recoverable from tenant)
* Inspections by appointment
*Sale price is $1,000,000 and is not negotiable as it provides an excellent return with a full five years to run on the lease.
Built with quality architectural features in 2009, this building presents exceptionally well and has the tried and tested mix of residential and commercial that works so well. The shop includes two adjoining lots providing savvy investors broader possibilities in the future. The strata lots are situated on the ground floor of a very popular, fully occupied mixed use development.
Location:
Within minutes from the Warringah Road and Forrest Way intersection and the Forest way shopping centre . This is a great position in the heart of Frenchs Forests leafy neighbourhood with many thriving businesses sharing the complex. This location is highly sort after and will continue to attract quality tenants.
**All quoted areas/measurements are approximations only**
Contact the agent
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Frenchs Forest Neighbourhood Profile
Real Estate Agent Frenchs Forest – Upstate: The Trusted Property Companion
Deep-rooted in the heart of the Northern Beaches, Upstate real estate is your trusted property companion, keenly attuned to your property aspirations in Frenchs Forest. As the leading real estate team in the area, we strive to deliver beyond expectations, offering a suite of real estate services tailored to suit your needs. With North Sydney’s best beaches just down the road and the CBD just a 13km ride away, the small, local, and family-friendly community of Frenchs Forest is shaping up to be the new ‘it’ suburb north of the city. The sense of pride amongst its neighbourhoods is infectious as friendly locals meet and greet each other on the quiet streets, with several great schools nearby making this area a huge drawcard for young families looking for space to grow.Be the first to know about new
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Understanding the Northern Beaches like the back of our hands allows us to offer impeccable levels of service and elicit
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
