Shop 3/90 Tennyson Road Mortlake, 2137 NSW
Attractive Commercial Suite with Established Tenants in Prime Locale
Positioned within the tightly held Mortlake / Breakfast Point peninsula, 3/90 Tennyson Road presents an outstanding opportunity to secure a modern retail / office investment with strong long-term fundamentals and secure income already in place.
This attractive commercial suite is leased to an established tenant only a few months into a secure 5 + 5 year lease, offering investors immediate cash flow, built-in rental growth and long-term security within one of Sydney's most affluent waterfront precincts.
The property enjoys excellent exposure to Tennyson Road and benefits from constant traffic flow generated by the surrounding residential catchment, local retail activity and the rapidly expanding Breakfast Point community. The suite is ideally suited to consulting, medical, professional office or boutique retail use.
PROPERTY & INVESTMENT DETAILS
• Secure 5 + 5 year lease in place
• Tenant only 6 months into initial term
• Current passing rent: $51,480 p.a.
• Annual rental increases of 4%
• Approx. 87sqm commercial suite
• 2 onsite parking spaces
• Modern mixed-use building
• High exposure position
• Surrounded by affluent residential catchment
• Excellent accessibility and parking convenience
• Suitable long-term asset for SMSF and passive investors
INVESTMENT APPEAL
- Limited supply of modern strata commercial suites,
- Growing local population
- Affluent demographic profile
- Strong tenant demand from medical, consulting and service-based businesses,
- Close proximity to Breakfast Point, Cabarita and Concord waterfront precincts.
For Sale
Inspect
Inspection of this property is available strictly by arrangement only.
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Stevan Vuk-Luboya stevan@richardmatthews.com.au 0402 003 003