3 & 4/112 Terrigal Esplanade
Once in a lifetime opportunity to secure one of Terrigal’s most sought-after commercial freeholds before potential changes in negative gearing and capital gain’s tax.
Absolute prime position directly opposite Terrigal Beach offering the ultimate exposure at the entry point into Terrigal’s busy commercial strip.
Ground floor 7-day a week location
Lots 13 & 14 to be sold in one line.
Lot 13 75m2 + 7m2 Balcony
Lot 14 68m2
Café has space for over 100 patrons
Bustling food location of Terrigal
Long established tenant (BellyFish Cafe) with proven track record of success.
Commencement 1st September 2018
Lease period: 5 years to 2023
Option period 5 years to 2028
Total Rent per Annum:
Net: $130, 627 + GST
Gross: $152,945.69 + GST
Huge potential for redevelopment representing 25.4% of strata allocation in Terrigal’s premier development site.
SoldSold for $2,600,000
- 0410 872 541