Shop 9 & 10/57 Avalon Parade Avalon Beach NSW 2107

Situated in a small neighborhood shopping center and within a short walk of the main Avalon Shopping District and Avalon Beach, Avalon is located on Sydney's upper Northern Beaches and is well-serviced by all the necessary amenities, serving as the gateway to some of the Northern Beaches' most exclusive properties.

Shore Commercial Property, acting as exclusive agents, is delighted to present Shops 9 and 10, located at 57 Avalon Parade, Avalon Beach, for sale. These premises offer a unique opportunity to acquire dual titles in a coveted location with brand new tenants and a brand new 7-year lease with a 7-year option to a successful local physio.

Key Features:

Northern Beaches' best investment opportunity available to buy
BRAND NEW LEASE SECURED: 7-YEAR LEASE & 7-YEAR OPTION
Lease secured by a medical tenant in the physiotherapy industry
New tenant pays 100% of outgoings. Net rent: $130,000 p.a. + GST
Annual increases of 5% (estimated net rent after year 7: $174,212 p.a. + GST)
Total area: 187 m²* (Shop 9: 79 m² and Shop 10: 108 m²)
Existing lessee pays outgoings, strata, council, and water
Tenanted by a successful and reliable business
Located in a complex with five other shops, cafes, and a doctor's office
Equipped with shared amenities, including male, female, and disabled bathrooms
Exceptional natural light from floor-to-ceiling windows
7 underground parking spaces, visitor parking
Commercial loading area and a commercial bin room
12m-wide glass frontage, enhancing its visibility and appeal