Exceptional opportunity to secure a unique commercial property in the blue ribbon coastal holiday hotspot of Killcare.
Tightly held in the one family for generations, this outstanding commercial complex offers 8 unique, fully leased tenancies on A grade leases. Leases feature full outgoing contributions and strong annual rent increases.
We proudly present the heritage listed “Old Killcare Store” built in the late 1920’s and an adjoining modern top class complex of 5 new shops built in 2006 featuring 7 under cover carparks.
The complex provides retail and dining spaces surrounded by sub-tropical gardens. Only metres from the water’s edge of Hardy’s Bay and minutes from the Bouddi National Park and Killcare Beach.
A unique opportunity to purchase one of only a handful of commercial properties in Killcare – a favourite playground of Sydneysiders.
This landmark commercial property includes stable long term tenants and has offered no vacancies for decades.
A strong feature of this investment property is its ability to offer the Investor a prominent waterfront reserve location, in a high growth coastal suburb whilst boasting strong rental returns.
To request a information memorandum please email [email protected]
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
|Outgoings||$53,256.00 per annum|
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Learn more about Killcare
|R&H Suburb Summary||Houses|
|Number of sales||24|
|Median Rental Price||$525 p.w.|
|Change in Rental Rate (5yr)||-79 %|
|R&H Suburb Summary||Units|
|Number of sales||3|