Shead Property are delighted to announce the sale by way of public auction, 162 Victoria Avenue, Chatswood.
Well positioned on Victoria Avenue, this two storey retail shop offers a unique freehold investment opportunity with fantastic street exposure. Super convenient location being only 500m from Chatswood's vibrant shopping district. The freehold property offers convenient rear access with onsite parking and is easily accessible by major arterials and public transport.
The property displays a beautifully presented showroom and is fully leased to an established business with a long trading history. Northside Blinds have been involved with Luxaflex, who as a brand has been operating for 70 years and is a part of a group of 100+ independently owned Luxaflex stores nationwide and one of thousands worldwide.
Be sure not to miss this tremendous opportunity for a fully leased freehold property with a substantial future rental uplift on Chatswood's busy Victoria Avenue!
Key features:
• Freehold Title
• Land Area 227.6 sqm
• Fully Leased Two Storey Shop
• Gross Rental $60,100 pa ex GST
• Substantial Future Rental Uplift
• Well Established Tenant
• Lease Expiry February 2026 + 5 Year Option
• Rear Access with Onsite Parking
• Great Exposure on Victoria Avenue
• Sought After Location Only 500m From Chatswood's Shopping District
• Easily Accessible by Major Arterials and Public Transport
For sale by Public Auction
10:30am, Tuesday 12th November 2024
Auction Works, Mezzanine Level,
50 Margaret Street, Sydney
For further information please contact:
Bill Geroulis
0413 100 200 | bill@shead.com.au
Ivor Zhou
0430 248 867 | i.zhou@shead.com.au
Rick Sombroek
0412 280 181 | rick@shead.com.au
Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.