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• Fully-leased, passive, 'hands-off' investment, prime-positioned on a busy corner site
• Standalone two-level building with a total floor area of 1,068sqm (approximately)
• Returning an annual net rental of $539,254 + GST from six established tenancies, with an average WALT of seven years
• Popular surrounding businesses include Woolworths, KFC, and McDonald's and New World (under construction)
• Joint Sole Agency
A unique opportunity to acquire a well-located, modern, split-risk commercial investment. Built in 2020, this freehold property is situated on a land site of 589sqm (approximately) and is split into individual titles - offering the option for the incoming owner to keep as is, or amalgamate back to a single title. Benefiting from multiple income streams, the property comprises a mix of experienced operators (medical, health, and hospitality) all with an established trading record.
The Point Chevalier town centre, along busy Great North Road, comprises a range of retail, hospitality and residential, anchored by major amenities and businesses such as Woolworths, KFC, McDonald's, Mobil, Point Chevalier Library plus New World supermarket - under construction and due to open in late 2025.
Rarely does a prominent passive investment such as this come onto the market.
Contact the Joint Sole Agents for more information.
Tony Chaudhary
021 995 121
Matt Lee
021 1515 505
James Chan
021 934 054