Raine and Horne Commercial are pleased to offer for sale by Private treaty shop 5, 379 Old South Head and 2/6 Shaw St, North Bondi.
This is a rare opportunity to purchase a fully leased retail shop as well as a spacious one-bedroom apartment located in this tightly held location.
The property offers excellent vehicle and pedestrian traffic flow and exposure and leased to two excellent tenants. The apartment can be offered with vacant possession should you wish to buy and occupy.
• Fully self-contained retail shop
• Building area 50 sqm (approx.)
• Leased on a new 3 × 3 year lease
• Current rent – $28,600 per annum plus GST
• Annual increases of four (4%) percent
• The shop includes air conditioning, own bathroom and kitchen
Apartment (access via Shaw St
• Well-presented spacious one (1) bedroom apartment with huge sunny balcony (potential to enclose STCA)
• Modern kitchen with quality appliances
• Large bedroom with ensuite bathroom
• Open plan living-dining opening onto a huge sunny balcony
• Leased on a monthly tenancy at $580 per week
This property won’t last long