314 & 316 West Street, Umina Beach NSW 2257

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Rare Offerings

Introducing 314 & 316 West Street, Umina Beach...

Two shops on one title with good returns and plenty of potential for second storey addition or separate titles (S.T.C.A ).

- 314: Currently trading as Seaspray Valuations & Fine Jewellery on a 3 + 3 year lease which expires in 2025. The tenant currently pays $42,714.32pa excluding GST (market rent reviews).

- 316: Currently trading as Izzards Optometrist on a 3 + 3 year lease which expires in 2026 (option till 2029). The tenant currently pays $40,153.80pa excluding GST (CPI rent reviews).

- E1 Local Centre
- Off street parking
- Main street location in centre of town
- Solid long-term tenants in place
- Potential to separate S.T.C.A

Not only is the position in the heart of Umina's bustling CBD surrounded by boutique shops and cafes, the two shops, under one title creates a unique opportunity to potentially strata title and separate (S.T.C.A).

Commercial freeholds in Umina Beach are tightly held for good reason. Don't miss this opportunity to get your own foothold in this busy coastal street.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

• Type: Retail
• Parking Comments: Parking is available
• Building Area: 184 m² (approx)
• Land Area: 290 m² (approx)
• Tenancy: Vacant