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11 Willoughby Road Crows Nest, NSW 2065

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11 Willoughby Road,
Crows Nest, NSW 2065

Shops & Retail • Other

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Map of 11 Willoughby Road

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Sold at Auction! Looking to sell? Call Raymond Hung on 0419 223 895.

This 2 storey building situates within the prime commercial and retail hub of Crows Nest, 5 km north of Sydney's CBD. It is located close to the very busy junction of Willoughby Road, Falcon Street and Pacific Highway surrounded by a variety of shops and popular restaurants.

Built over a land area of approximately 259 sqm, the building consists of a ground level retail shop and a 4-bedroom residential upper level. On site security car parking is accessible from Willoughby Lane.

The property is leased to Bakers Delight at approximately $150,600 per annum + GST with a term of 3+3+3 years. The tenant is contributing to 100% of the increase in outgoings (land tax, council rates, water rates & insurance) from the base year of 2004 which is $20,368.

Approximate Outgoings per annum:
Council Rates:$ 7,519
Water Rates & Charges: $ 1,572
Insurance: $ 4,585
Land Tax: $ 12,270 (subject to single holding basis, taxable land value as at
31/12/2011 is $1,156,667)

Interactive Floorplan:
http://www.open2view.com.au/tour/inline/plan/182867

Contact:
Raymond Hung 0419 223 895 or 02 9289 8908
rhung@raywhitecitysouth.com.au

Additional information

Property ID: 500389591Last Updated: 13 Dec 2013

(02) 9289 89...
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11 Willoughby Road
Crows Nest, NSW 2065
Ray White - City South
Suite 44E, Level 3/650 George Street
SYDNEY, NSW 2000

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