CROWS NEST

Suite G02/1A Devonshire Street

For Sale

Safe and affordable investment, instant income!

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Safe and affordable investment, instant income!

  • New 3 + 3 Year Lease
  • 4% increases, due 1st Nov
  • 76 sqm NLA, 2 Car Spaces

A superb investment opportunity, leased to a high-end Pilates/fitness studio on a 3-year term, with a 3 year option. It stands as the perfect opportunity for an investor.

Set within the “Alexander Residences”, located at the corner of Alexander Street and Devonshire Street, an exceptionally wide street providing easy parking and strong exposure.

Suite G02 benefits from the generous allocation of two secure car parking spaces and tenant signage to Alexander Street.

Prominent, yet calm, the location is only a stone's throw from the heart of Crows Nest's thriving retail village and an easy 450m walk to the Crows Nest Metro Station.

Property features include:

Instant income stream
76 sqm NLA, plus 2 car spaces on title
3 year Lease, with 3 year option
4% annual rent increase due 1st November
Lessee pays 100% of outgoings
Prime corner position
Great exposure - signage on Alexander Street
Reverse cycle Air Conditioning system
Great natural light throughout - due north aspect
Approximately 450m from Crows Nest Village and Metro Station
Devonshire Street provides easy street parking

Contact Sutton Anderson to find out more about this superb investment!

Contact

Todd Kingston img
M: 0433 346 346
Matt Scoble img
M: 0433 146 146

Location

KEY PROPERTY FACTS

Listing ID: 500981480
Total Area: 76 sqm Sale Price: AUCTION - Circa 5% retun Type: Retail Car Space: 2 car spaces

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.