Local Favourite – Secure Tenant
* Secure 5-year lease
* Exceptional Tenant
* High-yield
Nichols Crowder is pleased to present for sale 229 Nepean Highway, a local favourite that is secured by a 5-year lease until 2027 to “Tamam Tacos”.
The 80sqm* shop is exposed to over 7,000 passing vehicles per day and is situated amongst a tightly held neighborhood strip located across from Edithvale train station. The property has 6m* of frontage onto Nepean Highway with four allocated car spaces. The colorful shop, fit-out and luminescent signage make it the stand-out of the strip.
The property is returning $27,192 per annum with the tenant paying all usual outgoings. The tenant’s fantastic business is showcased with over 50 Google reviews averaging 4.8/5 stars.
Key features include:
* Returning $27,192 per annum
* Five (5) year lease till 2027
* Tenant pays all usual outgoings
* 80sqm* shop
* Four (4) allocated car spaces
* Rear-lane access
* Opposite Edithvale train station
For further information or to arrange an inspection, please contact:
Linda Ellis 0400 480 397
Thomas Gordon 0456 353 432
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited