6/179 Avoca Dr, Avoca Beach is a 0 bedroom, 0 bathroom Unit. The property has a land size of 1303m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This exceptional commercial retail shop is located on the main road in Avoca Beach and is only 100m to the sand. Located in a prime location with high exposure and excellent parking in a small complex, this retail parcel represents a unique and quality investment opportunity.
There are limited retail opportunities within Avoca and this BWS Long Term Tenancy bottle shop business has excellent high turnover.
Brilliant, long term benefits that will ensure this outstanding investment is one for your portfolio, include:
Long initial term of five (5) years plus options
Two (2) x five (5) year options until 2036
Rent will increase to $93,944.71 (as of 24/02/23)
Increase (annually) of 4% or CPI whichever is the lesser.
Long Established Business (Bottle Shop for 16 Years)
The zoning is a flexible B2 Local Centre zoning
This quality investment is an ideal ‘pick for your portfolio’ and represents an opportunity for the astute buyer to secure value and income with plenty of flexibility and upside.
Call now to arrange an inspection!
Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
The size of Avoca Beach is approximately 4.3 square kilometres. It has 16 parks covering nearly 10.6% of total area. The population of Avoca Beach in 2011 was 4,317 people. By 2016 the population was 4,586 showing a population growth of 6.2% in the area during that time. The predominant age group in Avoca Beach is 10-19 years. Households in Avoca Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Avoca Beach work in a professional occupation. In 2011, 78.4% of the homes in Avoca Beach were owner-occupied compared with 79.3% in 2016.
Avoca Beach has 2,627 properties. Over the last 5 years, Houses in Avoca Beach have seen a 69.72% increase in median value, while Units have seen a 35.59% increase. As at 31 July 2024:
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