CBRE, as the exclusive sales agent, is please to present 33 The Centre, Forestville. This commercial freehold is located within Forestville's main retail precinct and is tenanted by the suburb's most popular local chicken shop, Portogalo Chicken. Operating as a fast food chicken shop since 1974, 33 The Centre presents a secure retail investment benefitting from a strong return customer base.
33 The Centre, Forestville benefits from the following key attributes:
- Floor area: 70sqm* plus 3 car spaces
- Land area: 164sqm*
- Net passing income: $68,726 per annum*
- Tenanted by local favourite chicken shop, Portogalo Chicken
- Long term lease to 2023 plus a 5 year option
- Located within Forestville's busy pedestrian mall, The Centre
- Opposite Coles supermarket
- B2 Local Centre zoning
- Benefits from new infrastructure including the Northern Beaches Hospital and Warringah Road upgrades
For further information or to request access to the due diligence room, please contact the exclusive sales agents.
*approximate