A superb investment opportunity, Suite G02 is an ideal investment within Crows Nest Village. Recently Leased by a high end Pilates/fitness studio for a 3 year lease, with a 3 year option, it stands as the perfect opportunity for an investor.
Situated at street level of the brand-new luxury boutique development, "Alexander Residences", located at the prominent corner of Alexander Street and Devonshire Street, Suite G02 has wide due North frontage to Devonshire Street.
Devonshire Street is an exceptionally wide street, where your clients and customers will appreciate the convenience of ample parking. In addition, Suite G02 benefits from the generous allocation of two secure car parking spaces.
Prominent, yet calm, the location is only a stone's throw from Crows Nest's thriving retail village, including new Coles supermarket, Woolworths, Petbarn, Chemist Warehouse and an easy 450m walk to the Crows Nest Metro Station, via the new centrally located Willoughby Road promenade.
Suite G02 has a corner position, wide window frontages and due North aspect, providing excellent sunlight year-round, making for very comfortable and inviting accommodation.
Property features include:
* 76 sqm NLA, plus 2 car spaces on title
* New 3 year Lease, with 3 year option
* Leased by a high end Pilates/fitness studio
* Net income of $53,200 per annum + GST
* 4% annual rent increases
* Lessee pays 100% of outgoings
* Prime corner position
* Shared amenities in common area
* Potential building signage options available on Devonshire Street and Alexander Street
* Installed reverse cycle Air Conditioning system
* Generous windows to the wide Devonshire Street frontage providing great natural light to North frontage
* Approximately 450m from Crows Nest Metro station
* Quiet tree lined Devonshire Street provides a peaceful, quiet environment, with easy street parking available
* Easy walk to Crows Nest's humming village precinct and the vibrant Willoughby Road retail strip with an abundance of cafes, restaurants and range of shops
For more information, please contact your exclusive agents at Sutton Anderson.
