Sold for record price: $5,625,000

Description

• 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 & Café
• Long term lease
• Landmark corner
• Opposite Bathers Pavilion
• Incredible fit out
• Limited retail supply with only 6 privately owned retail shops
• Alcohol licence
• Outdoor seating
• Schools 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.

Mosman

Shop 1/2 Awaba Street
SOLD BY RICK SOMBROEK 0412 280 181

overview

  • 1P16069
  • SOLD BY RICK SOMBROEK 0412 280 181
  • Retail
  • Sold
  • Shop 1/2 Awaba Street Mosman NSW
  • 139 sqm
  • Contact Shead Property regarding your enquiry.