6A/28 Lockwood Avenue, Belrose, NSW 2085

A golden opportunity to purchase a secure investment in this brand new development in the heart of an everchanging suburb with strong population and demographic trends. Boasting an excellent position with 3 street frontages and right next door to Glenrose Village Shopping Centre, this brand new building will be at the epicentre of the vibrant suburb of Belrose.

* Internal Area: 189sqm
* On-Title Terrace Area: 48m2
* 2 car spaces included
* Brand new 10 year lease to a Japanese Restaurant
* Shop 6A – Plaza level with frontage onto Glenrose Place 
* Access to Grease Trap & Exhaust provisions
* Communal open atrium space with alfresco seating & landscaped garden
* Excellent onsite parking for customers, clients & staff with 160 car spaces (Ratio = 1 space per 21m2)
* Multiple lifts throughout complex for easy access for staff & customers
* Bicycle storage & common disabled toilet
* 3 - 3.2m ceiling heights approx.
* Zoning - E1 Local Centre
* Estimated completion - December 2025
* Estimated outgoings (Paid by Tenant): $22,302pa 

Lease Details 
* Net Income: $145,000 + GST per annum
* Annual reviews: 3.5% fixed
* Bond: 4 months
* Term : 10 Years
* Use: Japanese restaurant 

** Incentives included in lease in form of rental abatement (1st year $115,000 + GST Net then step up per year - enquire within for lease **

Location:
Belrose has very leafy surrounds and a lovely community feel and this development is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve & Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the building is very well placed in terms of connectivity, convenience and accessibility.

Contact Vincent West 0403 444 000 or Oliver Rosati on 0428 877 888 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only*