$400,000

5, 10 Lorraine Avenue, Berkeley Vale, NSW 2261


Fantastic Investment Opportunity in a Great Location!

Positioned in a sought-after complex across the road from the Berkeley over 55's retirement village, sits this unique offering. The property is located in a complex that consists of seven retail shops.

The shop is currently used as a Physiotherapist practice with a three-year lease in place surrounded by other units consisting of professional businesses including a medical practice and pharmacy.

Approximately 37m2 of commercial/retail space that includes 2 x consulting rooms, reception area and kitchenette/staff area with ample car parking.

Zoned R1, this unique offering suits an astute investor looking for a set and forget investment with a solid tenant.

• Currently returning $1,840 per month plus all outgoings
• New three-year lease in place with the current tenant operating out of the space for the past six years
• Rates $1,114 per year, Strata $826 per qtr
• R1 zoning
• Located in a complex of seven shops offering professional services
• Located next door to a retirement and aged care facility

Call Ian Boyle today on 0416 169 606 to inspect the property.

Disclaimer: All information about the property has been provided to Ray White Berkeley Vale by third parties. Ray White Berkeley Vale has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property. 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.

Property Info

Municipality
Berkeley Vale
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