60 m²
60 m²
8.1% GROSS YIELD | BEACHFRONT RETAIL INVESTMENT | TENANT READY TO GO
Exclusively listed by Novak Properties, this is a compelling opportunity to secure a premium beachfront retail investment directly opposite Collaroy Beach.
A tenant is ready to move in on a new 3-year lease with a further 3-year option, providing investors with immediate income of $65,000 per annum + GST, including outgoings. At the price guide of $799,000, this represents an attractive 8.1% gross yield.
Positioned within one of the Northern Beaches' most tightly held coastal strips, this high-exposure retail premises benefits from exceptional visibility to pedestrian and vehicle traffic, including the nearby B-Line bus stop. Full glass frontage provides abundant natural light and a strong street presence.
PROPERTY HIGHLIGHTS
| 8.1% gross yield at the $799,000 price guide
| Tenant ready to commence a 3-year lease with a 3-year option
| $65,000 per annum + GST gross income, including outgoings
| Approx. 60sqm retail space
| Prime beachfront position directly opposite Collaroy Beach
| Full glass frontage with exceptional exposure
| Two secure car spaces
| E1 Local Centre zoning
| Air-conditioning, kitchenette and bathroom facilities
| Functional layout with additional storage
Surrounded by thriving cafés, restaurants and local amenities, this is a rare chance to acquire a high-profile beachside retail asset with immediate income and strong long-term investment appeal.
THE OPPORTUNITY
Secure a premium coastal retail investment with a tenant ready to go, strong gross income and an attractive 8.1% gross yield. This is an ideal addition to an investor's portfolio in one of the Northern Beaches' most sought-after beachfront locations.
"All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."
Car Parking - Basement
Close to Schools
Close to Shops
Close to Transport
Kitchenette