78-80 Alexander StCROWS NEST

Savills is pleased to present Shop 57 & Shop 58, 78-80 Alexander Street, Crows Nest, available for sale through an Expressions of Interest campaign closing at 3pm (AEST), Thursday, 02 May 2024.

This exceptional portfolio features two ground-floor retail shops strategically located on corner lots, boasting an extensive frontage of 37m* along Alexander Street. With unparalleled exposure, these properties offer a rare opportunity to acquire prime real estate in the heart of Crows Nest.

Currently leased to well-established beauty operators, this portfolio ensures a secure investment, with the flexibility to purchase either shop individually or in-one-line.

Key features:

Shop 57 – LAB Lashes
- Size: 101sqm* with 1 car space
- Annual gross income: $50,843 exclusive GST
- Brand new 3-year lease extending to 2027
- Includes private indoor toilet facilities

Shop 58 – Facetime Skin & Body Clinic
- Size: 84sqm* + 1 car space
- Annual gross income: $59,470 exclusive GST
- Long-standing tenant with 7+ years occupancy
- Lease in place until 2027 with 3-year option

Additional Highlights
- Prime exposure on two prominent corner sites
- Wide 37m street frontage
- Stable income fully leased until 2027
- Strategic location only 500m from the upcoming Crows Nest Metro Station and 200m* from Woolworths
- Surrounded by vibrant residential communities and established retailers
- Positioned to capitalised on the precinct's planned revitalisation
- Opportunity to purchase individually or in-one-line

*All figures are approximate.

For further information, or to book for an inspection, please contact the exclusive selling agents.