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SALE

  • 262㎡
  • Retail

Blue chip investment opportunity in North Bondi with long term leases
Retail/39-53 Campbell Parade, North Bondi

  • 262㎡
  • Retail
Price Contact Agent
Property Type Retail
Land Size -
Building Size 262㎡

INSPECTION BY APPOINTMENT

Oxford Agency are delighted to offer shop 1, 4, 5 & 6/39-53 Campbell Parade (Corner Hastings Parade) North Bondi for sale.
This once in a lifetime property should be on the radar of every savvy investor interested in securing a slice of Australia’s quintessential beachside locale.
The property is being sold in one line and is securely leased to two of Sydneys best-known restaurants – Rocker & Bondi’s Best.

Bondi’s Best (Shop 1):
_64sqm + exclusive use of 13sqm basement cool room area
_7+5 year lease
_Lease commencement 1st April 2015
_Current rent $118,178.43 + GST net (increasing to $121,723.78+GST net in April 2020)
_3% annual increases
_3 months BG
_Tenant pays 100% outgoings

Rocker (Shop 4,5 & 6):
_185sqm
_7+5+5 year lease
_Lease commencement 22 February 2017
_Current rent $241,025.63+GST net (increasing to $249,461.52+GST net in February 2020)
_3.5% annual increases
_3 month Bank guarantee
_Tenant pays 100% outgoings

Contact Daniel Marano now for more information

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