7 year lease to 2024 plus options to 2035.
Strong trading tenant in occupation for 17 years.
Substantial LJ Hooker franchise, dominant market position.
85 sqm property with 18 m wide frontage•Avoca Beach – fashionable Sydneysider holiday destination and commuter suburb with strong local growth.
Easily managed single tenant investment.
Tenant pays all outgoings incl. land tax and management (as per lease).
Minimum 3% annual rent increases(minimum net income $85,971 in 2023).
Net Income: $72,000 pa + GST