41/a, b and c Beach Road, Christies Beach
*SOLD* Ideal investment opportunity Retail - Shop - Property ID: 859826
Commercial shops on busy beach road, could suit self-managed super fund.
41a - 41c Beach Road comprises 3 retail shops with existing leases providing strong yields.
The complex is situated in the retail hub of Beach Road which is fast emerging as the shopping and tourism destination of the Fleurieu.
The City of Onkaparinga zoning is District Centre Policy Area 9 which offers exciting development opportunities for the future. Beach Road has the ocean as its backdrop and provides a safe family orientated beach lifestyle and some of the most scenic coastline right at your doorstep!!!
Along with a strong community ethos "of buy local" and proactive local Business and Tourism Association Beach Road offers a stable local economy for business owners and property investors to take advantage on emerging markets and new opportunities. Beach Road now offers a number of unique dining experiences with wine bars and alfresco dining opening up over recent times.
This is the right property at the right time for serious investors interested in long term capital growth as the area is being transformed.
Shop A tenancy occupies a leased area of approx. 116 m2 with a current expiry date 3 June 2018 with a 1 + 2 year right of renewal. Salt Yoga can help you get your stretch on!
Shop B tenancy occupies a leased area of approx. 90 m2 with a current expiry date 29th June 2018 with a 3 year right of renewal. The Florist offers stunning, floral designs with so much to offer and will be your port of call when you need that perfect gift for someone special.
Shop C tenancy occupies a leased area of approx. 89 m2 with a current expiry date 21st April 2019 with a 5 year right of renewal. The Coconut Kitchen, has delicious Vietnamese cuisine for lunch, you will come back again and again.
The total building area is approximately 350m2.