This fantastic commercial property in Caringbah offers an excellent opportunity for an entry-level investment with high exposure on a main road. The strata shop features approximately 18m² of space and benefits from prominent visibility from both Banksia Road and Kingsway, with constant passing traffic. Situated just a short walk from Caringbah Station, the location is prime for commercial success.
Currently leased to a Beautician on a 2-year tenancy, this property presents a steady income stream. The lease commenced on 11/12/2023 and expires on 10/12/25, with fixed annual increases of 3%. The monthly rent is approximately $1,581, which includes GST and outgoings.
Additionally, the option exists to purchase this property individually or in conjunction with shop/office 8/53 Banksia Road, Caringbah. Both properties are on separate titles and are available for sale, providing a unique investment opportunity.
For further details or to schedule a site inspection, please get in touch with the exclusive agent, Michael Ajaka at Century 21 Cronulla. This is a not-to-be-missed chance to secure a prime commercial property in a sought-after location.
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Disclaimer – All the information contained herein is provided from sources we believe to be reliable. However we can not guarantee its accuracy and interested persons must rely on their own investigations. Century 21 Adamson's The Property People and their employees/representatives are not responsible for the information provided as a guide only. Photos, diagrams and locations are a guide/indicative only and cannot be relied upon.