Vincent West

Allambie Heights

17/33-35 Kentwell Road

Auction SOLD CONTACT AGENT
81 sqms

Key details

Property Type Retail
Water $445 / Year
Council $1,291 / Year
Strata $5,259 / Year

Highlights

Well Positioned Medical Investment with Longstanding Tenant on 5+5 Year Lease

This is a modern street level shop that is council approved as a health clinic boasting floor to ceiling glass windows facing busy Kentwell Road Allambie Heights, providing excellent signage exposure. This shop forms part of a modern retail strip with residential apartments above and is accompanied by other medical practitioners on the opposite side of the road such as the local pharmacy and Medical Centre.
This is a modern street level shop that is council approved as a health clinic boasting floor to ceiling glass windows facing busy Kentwell Road Allambie Heights, providing excellent signage exposure. This shop forms part of a modern retail strip with residential apartments above and is accompanied by other medical practitioners on the opposite side of the road such as the local pharmacy and Medical Centre.

The current tenant has been in place for over 12 years and signed a new 5 + 5 year lease in March 2021. A very successful local business in an excellent location, offering the residents of surrounding suburbs access to a range of health options but in particular Chiropractic and Massage services.

* Internal area: 81m2
* Boasting floor to ceiling shop front glass
* North facing façade offering loads of natural light
* Ducted air-conditioning throughout
* Internal kitchenette
* 2 secure car parking spaces
* Great signage opportunities and excellent exposure
* 4 separate private consulting rooms
* Front reception/waiting area
* Shared Male & Female amenities in the complex
* Located amongst a group of popular local businesses
* Approx. outgoings: $6,995 per annum (100% paid by tenant)

Lease Details:
Tenant – Neurohealth Wellness Chiropractic & Massage Centre
Rent – $46,787.13 + GST Net per annum
Expiry – March 2026
Term – 5+5
Reviews – Annual CPI increases
Security - 3 month bond and personal guarantees

The property is located on Kentwell Road Allambie Heights, a popular thoroughfare from Pittwater Road to the Allambie shops with a main bus stop out the front. The shop enjoys patronage from the heavy passing traffic & the pedestrians from the residential units it sits below and the blocks of units which surround it. The adjacent shops will also provide spill over trade!

A short distance away is the new Westfield Warringah Mall Shopping Centre and all its ancillary services including the new B-Line public Bus Service, banks, Australia Post, supermarkets, retailers, cafes & restaurants.

For more information or to arrange an inspection contact Vincent West 0403 444 000 or Oliver Rosati 0428 877 888.

**All prices are per annum and quoted areas/measurements are approximations only**

Important times

Auction time

  • Thursday 4 August
    Upstate , Level 1, Suite 15, 888 Pittwater Road, DEE WHY NSW 2099
    5:30pm

Contact the agent

Vincent West

Commercial Licensee/Director in Charge

0403 444 000

Oliver Rosati

Commercial Sales and Leasing Agent L.R.E.A

0428 877 888

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