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Dee Why, NSW 2099
Offices • Medical & Consulting
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Entry Level Retail Investment
- Retail Investment
- Circa 7.76% Net return
- Net income $29,488 pa
Net Return Circa 7.76%. Total Net annual passing income $29,488 approx.
Two fully self-contained side by side suites to be sold in one line as an investment. Lease details are as follows:
Suite 17 is 58 sqm leased for a term of 2 years + 2 years commenced June 2012. Current annual rent is $16,680 + GST Gross. Estimated annual outgoings are $2,260.
Suite 16 is 28 sqm leased for a term of 3 years + 3 years commenced May 2011. Current annual rent is $16,640 + GST Gross. Estimated annual outgoings are $1,572.
Features:
* Self-contained suites
* Each with kitchenette
* Each with WC
* Development has 5 visitor parking spaces
* Good opportunity to get into the commercial property market and enjoy the high yield.
LOCATION:
Situated within a strata development, below residential apartments, next door to KFC in Dee Why's CBD. In close proximity to one of the Northern Beaches busiest bus stops, restaurants, cafes, Dee Why Grand, Australia Post & less than 2 km from Dee Why Beach.
** All areas/measurements are approximations **
Two fully self-contained side by side suites to be sold in one line as an investment. Lease details are as follows:
Suite 17 is 58 sqm leased for a term of 2 years + 2 years commenced June 2012. Current annual rent is $16,680 + GST Gross. Estimated annual outgoings are $2,260.
Suite 16 is 28 sqm leased for a term of 3 years + 3 years commenced May 2011. Current annual rent is $16,640 + GST Gross. Estimated annual outgoings are $1,572.
Features:
* Self-contained suites
* Each with kitchenette
* Each with WC
* Development has 5 visitor parking spaces
* Good opportunity to get into the commercial property market and enjoy the high yield.
LOCATION:
Situated within a strata development, below residential apartments, next door to KFC in Dee Why's CBD. In close proximity to one of the Northern Beaches busiest bus stops, restaurants, cafes, Dee Why Grand, Australia Post & less than 2 km from Dee Why Beach.
** All areas/measurements are approximations **
Property ID: 500531315Last Updated: 13 Dec 2013
04034440...
Address available on request
Dee Why, NSW 2099
Upstate - Northern BeachesSuite 15, Level 1, 888 Pittwater Road
DEE WHY, NSW 2099
DEE WHY, NSW 2099
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