78-80 Alexander St, CROWS NEST | Property for sale | Savills
185 sq m
Price on application

78-80 Alexander StCROWS NEST

    Key features

    • Wide 37m* street frontage
    • Stable income, fully leased to 2027
    • For sale individually or in-one-line

    Prime corner investment opportunity in the heart of Crows Nest

    About this property

    • 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.

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    Shop 57 & Shop 58n aExpression of Interest185.00sq mAvailable