Bondi Junction Shop 1/51-53 Spring Street

Last sold in 1994 and leased until August 2028 with 2 x three year options, this tightly held retail space presents a unique opportunity to buy into a boutique mixed-use building in a gateway location. Ideal for the astute investor looking for a carefree investment, this 39sqm retail space is surrounded by newly revitalised luxury residences, shops, services and eateries and is buzzing with activity, offering a steady flow of trade and energy from its vibrant community. Just moments to Oxford Street mall, transport and Westfield Bondi Junction, this fully fitted space comes with air conditioning, grease trap and extensive bi-fold doors. With a coveted position in the heart of Bondi Junction's thriving shopping and dining hub, this is an exceptional opportunity for value-driven, investment-focused buyers.

Current rent: $50,000/per annum incl GSTLeased until 17/08/20282 x 3 year optionsTenants pay all outgoings3% rent increase per annum
Features include:

+ Prime, high exposure position on popular Spring Street strip
+ High-visibility retail space
+ Air conditioning, grease trap and extensive bi-fold windows
+ Fantastic signage on building and on Spring Street
+ Ideal for the SMSF buyer
+ High rental return and capital growth potential
+ Moments to Oxford Street Mall, Bondi Junction station and Westfield
+ Celebrated dining/retail precinct in the heart of the East
+ A walkable neighbourhood with an established café/retail culture

Century 21 Armstrong-Smith are real estate experts based in the heart of Bondi Junction in the Eastern Suburbs and are proud to present this fantastic property. We look forward to offering you world class customer service for the 21st Century.

DETAILS: Nicholas Armstrong-Smith 0419 273 703

Property Information

• Land area approx 1sqm
• Floor area approx 39sqm