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Browns Bay

A/10 Inverness Road, Browns Bay, North Shore

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100sqm Floor area

For Sale by Negotiation

Overseas Vendor Says Sell - Affordable Investment


• Entry level commercial investment returning $36,000pa + GST
• Five (5) year lease term to established tenant commencing in 2020
• One of only three units within complex
• Browns Bay location being an established commercial township undergoing significant redevelopment

Situated in the heart of Browns Bay, unit A, 10 Inverness Road presents to the market a rare opportunity to purchase an entry level commercial investment in this sought-after locality which is tightly held.

With the benefit of an established tenant who has been in occupation since 2019, the operator presents a quintessential suburban cafe which in the future could suit a wide variety of potential tenants with its functional layout and strategic position within the town centre. The property benefits from its profile to Inverness Road and proximity to ample carparking in the immediate area as well as being a short walk to New World Supermarket.

Browns Bay has seen over $67,000,000 worth of Commercial transactions in the township over the last two years predominantly from developers and add value landlords and is an area now finally starting to reach its potential given the socio economic demographics, zoning, beaches, proximity to motorways and public transport infrastructure. Don't miss out on this very real buying opportunity.

Michael Nees

Michael Nees


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Steven Liu

Steven Liu


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Lease Term


Five (5) years

Location


Browns Bay

Rent reviews


Two (2) yearly