Presenting a fantastic opportunity to secure a tenanted investment with new 3 year lease & 2 x 3 year options with 4% increments. Ideally located in the Avalon village centre, this shop has an immaculate fit out and presents as new. DA approved food premises, with grease trap, exhaust ducting, air-conditioning, gas connection, purpose built cool room, dedicated garbage area and two private undercover security car spaces on title.
Neat and tidy investment opportunity - a must inspect for any commercial investor.
Offering $46,800 net return
The size of Avalon Beach is approximately 5.2 square kilometres. It has 26 parks covering nearly 18.1% of total area. The population of Avalon Beach in 2011 was 10,601 people. By 2016 the population was 9,910 showing a population decline of 6.5% in the area during that time. The predominant age group in Avalon Beach is 50-59 years. Households in Avalon Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Avalon Beach work in a professional occupation. In 2011, 78.5% of the homes in Avalon Beach were owner-occupied compared with 81.4% in 2016.
Avalon Beach has 4,572 properties.
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