Burgess Rawson are pleased to present to the market for sale or lease Suites 35 and 36, 500 Beaufort Street, Highgate.
The 297sqm ground floor commercial suites afford both buyers and tenants an opportunity to enter prestigious Beaufort Street in one of the most sought locations. The suites would be suitable for a number of operators examples including, medical/allied health, beauty, gym, retail, hospitality and office. The suites benefit from maximum exposure onto Beaufort Street, Highgate. The suites reside across the road from popular 'The Beaufort' entertainment facility and just metres from the soon to be completed Challis Apartment development.
The suites will afford a buyer the opportunity to generate a consistent cash flow by occupying part and leasing out the balance of the space to a variety of applicable uses including; allied health, beauty/hair, gym, office and retail to name a few.
There is an existing lease to a coffee window occupying 12.5sqm fronting Beaufort Street. The tenant pays a gross rental of $37,150 pa which not only covers all of the outgoings for both properties but also creates a surplus in excess of $10,000 pa. The income (and additional income) would enable a part owner occupier to virtually run their business free of charge from one of Beaufort street's most prominent and bustling locations.
The suites are sold/leased with an extensive fit out in place that can be instantly occupied or modified to an occupant's required needs. The fit out includes;
- Extensive medical/allied health fit out
- Suitable for retail/commercial/medical uses
- Prime entertainment and hospitality precinct
- Boutique location
- Part leased Holding Income
- 8 treatment rooms
- Dedicated reception area
- Laundry room
- Exclusive Kitchen
- Back office and server room
- 2 private under cover car bays plus more parking at the rear of the building and on and around Beaufort street
- 3 private secure store rooms
The property adjoins popular eatery Ischia Italian restaurant and the Beaufort Tavern and enjoys prominent signage opportunities and ample foot traffic.
The property is available for Sale or Lease - Negotiable
For further information please contact the exclusive selling and leasing agent Luke Randazzo 0417 181 309