STRATEGIC BEACHSIDE INVESTMENT WITH BLUE CHIP TENANT!

SOLD

6/179 Avoca Drive

Avoca Beach NSW 2251

Retail

FOR SALE

151m2

This exceptional commercial retail shop is located on the main road in Avoca Beach and is only 100m to the sand. Located in a prime location with high exposure and excellent parking in a small complex, this retail parcel represents a unique and quality investment opportunity.

There are limited retail opportunities within Avoca and this BWS Long Term Tenancy bottle shop business has excellent high turnover.

Brilliant, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
Long initial term of five (5) years plus options
Two (2) x five (5) year options until 2036
Rent will increase to $93,944.71 (as of 24/02/23)
Increase (annually) of 4% or CPI whichever is the lesser.
Long Established Business (Bottle Shop for 16 Years)

The zoning is a flexible B2 Local Centre zoning

This quality investment is an ideal ‘pick for your portfolio’ and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.

Call now to arrange an inspection!



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.