Thriving Metro-Sydney Cafe Investment, Medical Epicentre of the Northern Suburbs

Description

+Secure 10-year net lease to September 2029.
+Breeze Valley Café: Thriving operator within the Parkway San Clinic, a primarily owner-occupied facility comprising 43 medical tenancies.*
+Desirable rent reviews of CPI + 2%, ensuring income growth.
+Immaculately presented 88sqm café with high end capital intensive fit out plus 55 sqm alfresco area on title.
+Construction 2019, offering substantial tax depreciation benefits.
+Strategically located in key medical precinct adjacent to Sydney Adventist Hospital, the largest private hospital in NSW with over 2,300 staff treating 190,000+ patients annually.**
+Surrounded by important social infrastructure including 20 schools and tertiary education facilities in a 3km radius servicing 16,637 full-time students.***
+Wahroonga: Prestigious locality, with median house prices growing over 22% in the last 12 months to $2,705,000.****
+Ku-ring-gai Council: Significant municipality, with population forecast to grow 20% to 151,800 residents by 2041.*****
+Single tenant, minimum management investment.
+Rent: $82,500 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 21 June 2022
Sydney Opera House

*Parkway San Clinic
**Sydney Adventist Hospital
***Gapmaps
****Realestate.com
*****Forecast.id

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents

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Shaun Venables Partner
0411 860 865
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Wahroonga, NSW

172 Fox Valley Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 153

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