7/562 Pennant Hills Road WEST PENNANT HILLS
MEDICAL INVESTMENT | 7 YEAR LEASE
Thorby's Arcade is located at "Thompsons Corner". A prime location on the corner of Pennant Hills Road and Castle Hill Road.
Large car park facility at the rear of the complex. Neighbours include Coles, dentists, real estate agents and cafes ensuring high volume foot traffic.
The property is currently leased to a General Practice Medical Centre.
Term - 7 x 2 x 2 years commenced 1 June 2015
Rent - $31,690 pa net + outgoings + GST
Outgoings - 100% Payable by tenant
Increases - 3%
The tenant has occupied this premises since 1988.
This property has been rezoned to B2 Local Centre under the Hornsby LEP. This zoning allows additional uses such as unit developments up to 6 levels high. There is potential for redevelopment upside here subject to approvals and consolidation of the site.
RARE OPPORTUNITY, DON'T MISS IT!!!
Call our exclusive agents today for an inspection!