BEACHFRONT RETAIL IN THE NORTHERN BEACHES SYDNEY!

The Details

Type: Retail

Purchase Price: $735,000

Net Rent: $45,000

Net Yield: 6.1%

Cashflow: $27,500 per year (70% loan @ 2.5%)

Lease: Recent Fresh 3+3 year lease

Net Lettable Area: 46 sqm

Prestigious area, median house price is $2,160,000

Long-term tenant on a fresh 3-year lease

Very high foot traffic

No competition in the area

Very low vacancy rates

Tenant pays all outgoings

Signage opportunities

Full glass frontage