Offered in one line are 3 retail shops on (1) one single title in San Remo. An entry level commercial property investment for your future on the Central Coast.

45 Liamena Ave San Remo is available for sale being one single title consisting of shops 2,3,4.

Shop 2 is leased $18,200 per annum NET + GST. (Current 3 x year lease expires 23/07/17. Currently not trading at the premises)
Shop 3 is vacant. Previously occupied by retail food user.
Shop 4 is leased at $12,480 per annum gross ex GST. Lease commenced 24/06/15 on a 6 month term.

Shop 2 (take away shop) has an extensive fitout in place featuring stainless steel benches, deep fryer, hot plate, bay marie, drinks fridge, freezer and all the regulatory requirements needed to be approved for food use. Located in this ever growing residential area close to bus stops and motorway access. This equipment is part of the sale and goes with the property.

Rear lane access for deliveries, with ample customer parking in front.

Based on a fully leased building at current and previous lease amounts, with a net lettable area of 240m2 combined would present a potential NET return of 11.15% per annum. This is one opportunity not to be missed.

Please call Ben Purdue 0450 719 600 or email for more information.