Description

Chapman & Frazer is thrilled to present an exceptional retail investment opportunity, available for sale via private treaty.

Shop 7 @ 482 Pacific Highway is currently leased by subway, a globally recognized and long-standing fast-food restaurant brand.

With a renewed five-year lease from May 2022 (set to expire on April 30, 2027) and an additional five-year option period, this property ensures stable and reliable rental income.

The current passing income stands at $44,527 per annum net + GST, with 87% of outgoings covered by the tenant. Additionally, the lease benefits from CPI increases on each anniversary, ensuring rental growth over time.

Strategically located along the Pacific Highway, this property enjoys high visibility and heavy foot traffic, making it an attractive destination for any business.

This is a rare opportunity to invest in a secure asset with a trusted tenant in place, ensuring long-term value and growth potential.

Contact me today to discuss this great opportunity!