Shop 1 / 31 Princes Highway, F , Fairy Meadow, NSW 2519
Retail Shop
Entry level commercial investment - 5% ROI
Rare opportunity to secure a strata shop with well established long term tenant. Located in prominent position in the heart of Fairy Meadow retail and business district. The strata investment includes 145 sqm shop PLUS a 30sqm outdoor terrace (weather protected) PLUS private amenities PLUS 4 car spaces in secure undercover carpark PLUS 26m storage room.
Key features include:
* 5% ROI
* New 3 + 3 + 3 lease signed commencing 22 February 2022
* Current rent $69,383 Net PA
* February 2025 rent increases to $72,852 Net (5.2% ROI)
*Fixed 5% PA increases
* Tenant pays all landlord outgoings
* Tenant is licensed cafe with Small Bar Licence
* Established 15 years
* 4 x basement parking spaces
* Outdoor dining area
For further details or to book an inspection on this commercial investment please contact Christina Comelli on 0402811002 or email sales@comelli.net.au
| Property: | Retail Shop |
| Total Building Area: | 292m² |
Open for Inspection Times:
Recent Sales in the Suburb of Fairy Meadow
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.