Stonebridge National Investment Sales is pleased to present ‘Shop 15 – 98 Bondi Beach’ For Sale Individually via Immediate Offers to Purchase, priced from $2,535,000+.
Bondi Beach, the crown jewel of Sydney’s Eastern suburbs, is one of Australia and the world’s most iconic and innately recognisable destinations. Characterised by the iconic surf beach, Bondi boasts a thriving retail thoroughfare on Gould Street where ‘The Beach House Lane’ is situated – directly benefitting from the 3 million annual visitors to Australia’s busiest beach.
Each shop represents a prime retail investment, underpinned by tenant covenants which allows maximum optionality, with potential to renew and bolster income security, amalgamate the tenancies, or even occupy in the medium term, with astute investors afforded the opportunity to buy each shop individually as well as several ‘in-one-line’:
‘Shop 15 – 98 Bondi Beach’ has the following key investment features:
- Secure 5 year lease to 2025 + option to 2030 with Fixed 3.25% annual rent increases
- Established fitness provider with 13+ year history across 6 locations nationwide
- Expansive 163 sqm* open plan studio plus 69 sqm* storage incl. 3 car parks
- Substantial lease security with Bank Guarantee equal to 9 months’ Rent
- Net Income $158,445 pa* + GST
‘Shop 15 – 98 Bondi Beach’ is For Sale Individually via Immediate Offers to Purchase, priced from $2,535,000+.
Please contact the exclusively appointed Stonebridge property professionals for more information.
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