PRIME KINCUMBER TENANTED INVESTMENT

SOLD

180 Avoca Drive

Kincumber NSW 2251

Retail

FOR SALE

115m2

Prime Kincumber position benefiting from great signage opportunities and exposure.
Prominent 115m2 building with 2 specialty tenancies on 437.5m2 block of land.
Tenants pay outgoings including council rates, water rates and building insurance.
Rear access via public lane way.
Zoned B1 benefiting from potential future commercial development subject to council approval.

Shop 1
Secure 3 year lease to Designer Lighting until December 2023 + 3-year option to 2026.
Rent $40,000 pa + GST + Outgoings.
Rent increased to $43,000pa + GST + Outgoings from 1 January 2023
Rent increased to $44,500pa + GST + Outgoings from 1 January 2024

Shop 2
Secure 6 year lease (commenced August 2019) to Gloat Hair until August 2025 + 3-year option to August 2028.
Rent will be increased on 20 August 2022 to $26,000pa + GST + Outgoings

AUCTION Friday 30th April @ 11am
In rooms Lions Club Community Hall
3/8 Russell Drysdale St, East Gosford

Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.