Australia

RETAIL INVESTMENT - $450000

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Description

Recently leased to a food catering company on a long term lease. The tenant is responsible for the usage of water and waste. This tenancy is one of 16 Stratas including ground floor retail and residential flats upstairs. Benefits from large exposure to Spit Road with awning and shop-front retail. See floor plan for area. INSPECT: By Appointment AREA: 87m2 TITLE: 15/SP16150 PRICE: $450,000 GST Exclusive TENANT: Canape Queen Pty Ltd 13/11/2006 - 12/11/2011 (5 + 5 year option) GROSS INCOME: $32,656.32 + GST Statutory Outgoings: Council Rates 09: $1,753.81 Water Rates 09: $700.00 (tenant pays excess water rates) Strata Levy 08: $4,345.00 TOTAL: $6,798.81 per annum NET INCOME: $25,857.51 GST exclusive CONTACT: Mark T. Smith

Was for Sale


Place: 65 Spit Road, MOSMAN, NSW, Australia, 2088 Average Price in MOSMAN ...