$1,400,000

Rare opportunity to secure a strata shop with well established long term tenant. Located in prominent position in the heart of Fairy Meadow retail and business district. The strata investment includes 145 sqm shop PLUS a 30sqm outdoor terrace (weather protected) PLUS private amenities PLUS 4 car spaces in secure undercover carpark PLUS 26m storage room.

Key features include:
* 5% ROI
* New 3 + 3 + 3 lease signed commencing 22 February 2022
* Current rent $69,383 Net PA
* February 2025 rent increases to $72,852 Net (5.2% ROI)
*Fixed 5% PA increases
* Tenant pays all landlord outgoings
* Tenant is licensed cafe with Small Bar Licence
* Established 15 years
* 4 x basement parking spaces
* Outdoor dining area

For further details or to book an inspection on this commercial investment please contact Christina Comelli on 0402811002 or email [email protected]