Prime High-Street Location | Secure Lease | Strong Income Profile
An exceptional opportunity to secure a high-exposure retail investment in the centre of Avalon's thriving shopping precinct. Positioned within a contemporary mixed-use building, this immaculately presented retail space combines modern design with a premium, high-foot-traffic location.
Underpinned by a strong income stream of $64,142.02 per annum, the property delivers an attractive 6% rental yield, making it an ideal acquisition for investors seeking both stability and growth.
The asset is further strengthened by a secure 2-year lease with a 2-year option, with the tenant contributing 50% of outgoings, enhancing net returns and reducing holding costs.
Recently enhanced with a new entrance, the property presents with a fresh and sophisticated street presence. The expansive floor-to-ceiling glass frontage maximises exposure to both pedestrian and vehicular traffic, ensuring excellent visibility for the tenant.
Internally, the space is stylishly fitted out (currently operating as an art gallery), offering a clean, modern environment that requires no immediate capital expenditure.
Key Features:
6% rental yield with annual income of $64,142.02
Secure 2-year lease + 2-year option
Tenant pays 50% of outgoings
Immaculate presentation with quality existing fit-out
Prominent floor-to-ceiling glass shopfront
Two dedicated security car spaces
Well-maintained building with modern design
High pedestrian and vehicle exposure
Reverse cycle air-conditioning
Access to pristine shared amenities
This is a rare opportunity to secure a high-performing retail investment in one of Avalon's most tightly held commercial pockets.