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COASTAL INVESTMENT OPPORTUNITY
Gartland are delighted to present 12C Sunset Strip, Ocean Grove for sale. This 2 level neighbourhood strip shop and residence is being offered with a secure lease to cafe operator, Twelve Sea.
Lease term: new 5+5 year lease from 1 Feb 2023
Passing rent: $45,000 pa + GST + outgoings
Rent reviews: fixed for first 2 years, +5% annual thereafter, market at commencement of further term
Features:
• Total building area 217m2 approx
• Land area 200m2 approx
• Ground floor cafe
• Level 1 residence features 3 bedrooms, bathroom with shower and bath, powder room, laundry and open plan kitchen/living area
• Brand new carpet to residence
• Rear lane access
• Residential Growth Zone 3
For further information or to organise an inspection please contact Sarah Nightingale

