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Safe Affordable Investment Opposite Train Station w Dev Upside
- 182m2 on title
- Blue-chip tenant
- Opposite Artarmon Station
Located directly opposite Artarmon Station, this modern retail represents a fantastic investment opportunity. Leased to a blue-chip tenant on a brand new 5 year lease and a high-end fit-out. Fantastic parking at the rear of the building for 3 cars. Artarmon has a strong village atmosphere and an active resident and business community.
Development upside - Proposed re-zoning for up to 5 storeys under the Willoughby Local Centres Strategy 2036.
Property features include:
Leased to September 2027
5 year option to 2032 with market review
4% annual rental increases
Net Income of $69,680.00 PA
New fit-out in place
3 car spaces on title
Opposite Artarmon Station
On site toilet & kitchenette
Development upside
Contact Sutton Anderson for more information today.
KEY PROPERTY FACTS
Listing ID: 500980426
Total Area:
182 sqm
Sale Price:
Offers Encouraged
Type:
Retail
Car Space:
3 car spaces on title
Outgoings:
Current Estimate
All the prices quoted are exclusive of GST
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.