Description
At the heart of Spit Junction opposite Bridgepoint, this property enjoys a huge passing trade in a prime location alongside upmarket retail neighbours. Currently leased to by the Spit Junction Pharmacist Advice on the ground floor with upstairs offered as vacant possession, the property also has rear pedestrian access via Myahgah Mews, off Mosman Square. A hassle-free investment with ongoing income and potential long-term gain, this freehold property is a 'must inspect'. - 2-level commercial/residential freehold - Premium retail location with enormous daily exposure Inspection: By Appointment Site Area: 145.4m2 Building Area: 195m2 approx. Zoning: 3 (a1) Spit Junction Title: Lot 4, DP24758 Price: $1,750,000 GST Exclusive Ground Floor Shop: Christine Monique Reyes T/A Spit Junction Pharmacist Advice 3/9/06 - 2/9/11 $67,020.00 Annual CPI, mkt review on 2/9/09 First Floor Flat: Estimated at $350 per week or $18,200 per annum Total Gross Income Estimated: $85,220 PA Statutory Outgoings: Council Rates: $2,502.70 PA Water Rates: $580.20 PA Land Tax: L.V. $663,000 (01/05): $5,387 PA Total outgoings: $8,469.90 PA Estimated Net Income: $76,750.10 PA
Was for Sale
- Publish Date: 23-03-2007 19:50:16
- Contact name: Mark Smith
- 41 times displayed
- Location: Australia
- Business: Peter Hill First National
- Status: sold
- Price: $1500000
