From Community Icon to Profit-Making Phenomenon

The Details

Location: Central Coast , NSW

Type: Retail

Purchase Price: $950,000

Net Rent: $62,400

Net Yield: 6.43%

Cashflow: $19,679 (70% loan at 6.5%)

Lease: New 5 year lease with two 5 year renewal options .

Total area: 124 sqm

Why we love this property

The property faces the street, which gives it great signage exposure

Long term national tenant

Ability to split and strata title each shop to sell off at a later date

Bonus solar panels on the roof