Mosman Shop 1/2 Awaba Street
Sold for record price: $5,625,000
Over $40,000/m2 of lettable area and 3.2% net yield approx! • The Beach House Restaurant & Café
• Landmark corner
• Incredible fit out
There are only 6 retail properties that are privately owned along the desirable Balmoral Beach.
Shop 1, 2 Awaba Street, occupied by the 'Beach House Café & Restaurant', comprises an iconic ground floor retail opportunity secured by a long term lease with options extending until 2031.
Located a stone's throw from the golden sands of Balmoral Beach and opposite the famed Bathers Pavilion, Shop 1, 2 Awaba Street is the ultimate trophy investment.
An enviable corner position, a spectacular view of Balmoral Beach, a restricted amount of retail along The Esplanade and an abundance of public car parking surrounding the property enrich this incredible opportunity.
Key Features Include:
The Beach House Restaurant & CaféLong term leaseLandmark cornerOpposite Bathers PavilionIncredible fit outLimited retail supply with only 6 privately owned retail shopsAlcohol licenceOutdoor seatingSchools and public transport nearby
For more information or to arrange an inspection please contact Rick Sombroek 0412 280 181 or Bill Geroulis 0413 100 200 from Shead Property or Nick Lowry from CI Australia on 0408 891 376
Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.
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