Opportunities like this do not come up often, especially in such an exclusive beachside setting in Curl Curl. Offering a chance to own a freestanding asset with a blend of retail, commercial and residential tenancies is quite unique a great way to diversify your portfolio.
* Land Area: 473m2
* Total Net Building Area: 513m2
* Total Current Gross Rent: $276,237 + GST
* Total Current Net Rent: $240,713 + GST
* Fully Let Estimated Market Gross Rent: $334,088 + GST
* Fully Let Estimated Market Net Rent: $298,564 + GST
* 10 council car spaces out the front of the complex – perfect for customers or visitors
* 5 x ground floor retail shops and 1 commercial office space
* 4 x first floor residential apartments
* Diverse mix of tenants throughout the building – Physio, Travel Agency, Beuaty Salon, Hairdresser, Pet Centre
* Great opportunity to increase the rental return of the building through new lease negotiations
* Strata titled asset with chance to sell some lots off if you do not need all
* Bus stop located only 50m away from the building
* Approx 250m short stroll from Curl Curl beach
* LEP – Waringah Local Environmental Plan 2011
* Zoning: E1 Local Centre
* Height Limit: 8.5m
* Outgoings: $35,524pa + GST approx. (As at July 2024)
** Benefits of this property - capital growth potential, rental reversion opportunity, prime location, diverse tenancy mix (spreading the risk - Residential & Commercial) **
Located in the highly desirable locale of Curl Curl this opportunity is highly visible from Adams Street, Curl Curl. Well connected by a nearby bus stop allowing for travel into Dee Why, Manly, Mosman or Sydney CBD. Curl Curl offers boutique café's, retailors and eateries as well an established residential community.
For more information please contact Vincent West on 0403 444 000, Lachlan Yeates on 0414 660 033 or Oliver Rosati on 0428 877 888.
**All rentals are per annum and quoted areas are approximations**