Located in the heart of the industrial precinct in Balgowlah and taking full advantage of a close proximity to surrounding well-established retailers and access roads, is this sizeable strata unit. Situated to the rear of the complex and with easy open forecourt access, the unit spreads over two levels with both roller door and pedestrian entry both front and rear. An abundance of natural light floods through with upstairs windows having an aspect toward the local park and golf course. Four car spaces are on title.
Transport and shopping hubs are at your door with the corner of Condamine Street & Kenneth Road only 250 metres away providing easy vehicle access to the city, northern areas of Sydney and the Northern Beaches plus the local bus interchange and associated car park.
Long term well established tenants with existing lease.
Call Andrew Reynhout 0412 324 400 or Patrick Kelleher 0414 300 806 for further details and a copy of the IM on the premises.
Perfectly positioned in Rialto Square in a highly exposed corner, facing Rialto Laneway. Enjoying high foot traffic, street frontage and surrounded by a buzzing cosmopolitan lifestyle, this property is the ideal acquisition for an astute property investor looking for a piece of Manly or to add to a commercial portfolio.
Key considerations include:
Lot 7 is leased to a successful fashion retailer ‘Venla’.
* Lease commenced 1st September 2023
* Term – 3 + 3 years
* Glass shop frontage
* Highly exposed ground floor premises fronting busy pedestrian thoroughfare
* Anchored with a mix of retailers boasting hospitality & personal services
* Rental income $90,000 Gross + GST pa ($76,770 Net + Outgoings + GST Pa)
* Outgoings – $13,229.91 pa
Small retail or commercial space located in the heart of Ultimo.
– Great Location
– Natural Light
– Small Kitchenette
– Access to buildings facilities which include roof top pool, change room, BBQ area
Outgoings are:
Council Rates: $890.00
Water Rates: $720.00
Strata Levies: $7,616.00
Contact: Andrew Cook on 0412 734 554