626 Pittwater Road, Brookvale

This is a unit on a lot in 4/DP539384 Brookvale NSW. In the council area Northern Beaches, it has 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
15
Land size
2175 m2
Building size
250 m2
Council area
Northern Beaches
Year built
n/a
Lot plan
4/DP539384 Brookvale NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 09/06/2016
$3,200,000



LISTING DESCRIPTION
as of May 2020

AAA+ Outstanding Northern Beaches Retail Investment Opportunity The Savills NSW Metropolitan & Regional Sales Team are pleased to offer 626 Pittwater Road, Brookvale to the market. This property presents an unparalleled opportunity to acquire a premium retail investment on a brand new 5 + 5 + 5 year lease. The property is occupied by the largest dog & cat supplies store in Australia with seven (7) high performing stores located across the Sydney metropolitan area. Large 2,175sq m* site area with 15 car spaces and 1,350sq m* of net lettable area with potential to subdivide or develop at a future date if desired (STCA) Strong net income of $400,000pa* with fixed annual CPI rental increases Large freehold property with a 5 + 5 + 5 year lease to Australias largest pet supplies store with seven locations throughout the Sydney metropolitan area Bank guarantee and personal guarantee provided under the lease Directly opposite Westfield Warringah Mall shopping centre and situated on the main arterial road through Northern beaches Located on the Northern Beaches busiest retail strips and is surrounded by a magnitude of national and international tenants such as BMW, Audi, Bunnings ALDI, McDonalds and Commonwealth Bank. Brookvale is situated in one of the Northern Beaches most densely populated and affluent beachside catchments Expressions of Interest closed - Offers received *Approx.