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7 Hayes Street, Balgowlah, NSW, 2093

2. Property Highlights

AUCTION TOMORROW - WILL BE SOLD !
  • STRONG COVENANT WITH LONG WALE
  • ATTRACTIVE RENTAL GROWTH
  • NESTLED AMONGST MAJOR RETAILERS

Colliers is thrilled to present 7 Hayes Street; a secure investment strategically situated in Sydney's thriving Northern Beaches pocket. Occupied by an international not-for-profit tenant, the Salvation Army, this opportunity boasts a long WALE and attractive rental growth.

The property, enjoying high visibility and excellent connectivity, is ideally located among major retailers, positioned adjacent to Woolworths and its associated car park, in a region currently experiencing significant urban revitalisation.

Key Highlights:

+ Strong covenant to not-for-profit international tenant

+ 5+5+5 year lease with attractive rental growth

+ Nestled amongst major retailers including; Woolworths, Harvey Norman, Aldi, Coco Republic, Bunnings and Dan Murphy's to name a few

+ Excellent Northern Beaches location only moments to a major arterial road

+ Situated in a dynamically revitalised urban area poised for ongoing transformation

+ Future development upside via amalgamation (STCA)

Catchment Demographics:

- Average annual income per capita (2021): $81,302 (national average of $55,505)

- Total household retail spend per capita (2021): $17,703 (national average of $14,820)

For Sale via Public Auction

When: Thursday 14 March 2024 commencing 10:30am (AEDT)

Where: Dexus Place, 1 Margaret Street, Sydney CBD

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

Remember to mention you found this property on CommercialReady

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3. Property Location

7 Hayes Street, Balgowlah, NSW, 2093

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4. Due Diligence

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