(S) Shop 21/78-80 Horton Street, Peachtree Walk,
CBD Investment Property
Ground floor CBD premises of 104 sqm approx, located in Peachtree Walk Arcade, part of the retail heart of the main street in Port Macquarie
The arcade comprises of 22 separately owned shops offering retail, food and office service providers.
Being sold subject to existing lease which commenced 10.1.2020 and expires 2025, plus 4 year option to extend, taking present lease commitments to 2029 potentially
Current business occupant is a well established law firm established operating in these premises for 20 years.
Full office fit out passes with sale including built in reception counter, office partitioning, ducted air conditioning, floor coverings, hot water, LED light fittings
One of the best features of this property is the internal arcade access AND direct street frontage at the Hay Street end of Peachtree Walk Arcade allowing wider trading hours at the discretion of the occupant.
Valuable customer parking at the door step plus access to all day parking within a short walk.
The location benefits from many established businesses close by increasing traffic flow, including Port Central Shopping Centre with over 50 Specialty shops, ensuring a strong mixture of customers being drawn in and around the arcade.
Good income stream – secure tenant s
Ideal for SMSF or investors looking to add an easily managed property to their portfolio.
Port Macquarie Hastings has a strong resident population of 80,261 people. The population is forecast to grow by over 28% to 102,926 by 2036.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.