Level Ground Floor, Suite Shop 1, 265 Castlereagh Street,
Sydney, NSW 2000
Shops & Retail
Price information
Sold
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Land area
Floor area
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Map of Level Ground Floor, Suite Shop 1, 265 Castlereagh Street
RARE RETAIL INVESTMENT OPPORTUNITY
- RARE RETAIL INVESTMENT OPPORTUNITY
- RETAIL INVESTMENT FOR SALE
- SYDNEY CBD SHOP
The retail premises is a 20 square meter shop close to the law courts. It is currently leased out to a convenience store with net rental income of $45,490 (approx) + GST.
Leasing information:
- Lease will be renewed in September 2018 with another 5 year option
- 5% rental increase every year. Market review for the option after 3 years
- The premises is very easy to be leased
- Stable long term tenant who has been in the premises for 7 years
Outgoings:
- Strata Levy: $1,117.25
- Council rates: $261.70
- Water rates: $62.50
(per quarter approx.)
6% net return
Leasing information:
- Lease will be renewed in September 2018 with another 5 year option
- 5% rental increase every year. Market review for the option after 3 years
- The premises is very easy to be leased
- Stable long term tenant who has been in the premises for 7 years
Outgoings:
- Strata Levy: $1,117.25
- Council rates: $261.70
- Water rates: $62.50
(per quarter approx.)
6% net return
Property ID: 502327762Last Updated: 29 Sep 2017
04194066...
Level Ground Floor, Suite Shop 1, 265 Castlereagh Street
Sydney, NSW 2000
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