PROPERTY DESCRIPTION
We are thrilled to present an exceptional investment opportunity in the heart of North Beach. Suites 4 and 5 at 103 Flora Terrace are now available for sale. These premium commercial units are currently leased to Haiven Property until 2026, offering a secure and attractive return on investment.
Key Features:
• High-Exposure Location: Situated on the bustling Flora Terrace, these units boast fantastic frontage and are part of a vibrant commercial hub. The location guarantees high visibility and foot traffic, perfect for any business looking to make a mark.
Leased to 2026: With a reliable tenant in place, investors can enjoy steady rental income. Haiven Property has established itself as a reputable occupant, ensuring peace of mind for the future owner.
• Modern Amenities: Each unit is designed with contemporary features, including carpeted floors, suspended ceilings, and ample lighting. Additionally, they come equipped with kitchen facilities, making them move-in ready.
• Ample Parking: The property includes access to secure underground parking and plenty of council street parking, ensuring convenience for both tenants and their clients.
• Prime Coastal Position: Located just meters away from the beach, these units are within walking distance of numerous cafes, restaurants, and retail shops, enhancing their appeal to a wide range of businesses.
Investment Details:
• both units are 128 sqm each, buy one or buy both
• secure underground parking
• featuring end-of-trip facilities and public transport access
• Annual Rental Income: $48,707 per unit
• Lease Term: Until January 2026, with potential for extension
This is an A-grade development in one of North Beach’s most sought-after areas. The combination of its prime location, modern facilities, and strong lease terms make this an opportunity not to be missed.
For further details or to arrange a viewing, please contact Christopher Tana at ProProperty Group on 0437 158 225 or Spiro Agapitos at Vita Property Group on 0401 137 764.
Secure your slice of North Beach’s thriving commercial scene today..
