70m2 Strata Titled Retail Shop with adjoining courtyard lease
Located in very busy retail complex in central Shailer Park
Easy access and parking

National Fast Food Tenant on Long Solid lease to 2025* in place(*Includes Options - Lease expires 21/08/2015 with 2 x 5 year options)

Current net income $43,262.28 per annum
Current GROSS income received is ($50,618.88 PA Gross with NO GST charges - Owner is not registered for GST) less:
Body Corporate Admin & Sinking Fund = $2992.00 PA approx. (paid by Owner)
Rates portion (less water paid by tenant) $1674.99 - $583.84 = $1091.15 per quarter x 4 = $4364.60 PA approx. (Paid by Owner)
$50,618.88 Gross Rent $2,992.00BC $4,364.60 Rates = $43,262.28 Net PA excluding GST (NO GST charges apply to rent)

Did you miss out last time?........Don't miss your chance to secure this high income strata before you miss out again!

EXPRESSIONS OF INTEREST CLOSES FRIDAY 5:00PM - 22ND NOVEMBER 2013!!!

Call Silvio Bevacqua today!