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Lorn, NSW 2320

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NOW OFFERING TO THE ASTUTE INVESTOR - LORN VILLAGE

NEIGHBOURHOOD SHOPPING COMPLEX
MAITLAND'S MOST ESTABLISHED SUBURB - LORN

Features Include:-
* On site parking
* Well constructed
* Main Road Frontage
* Adjoins supermarket
* Good tenant mix
* Single storey

Title Details:
Lot 11
DP 622337
Approximate Area 715m2
Land Dimension 15.2620.24 x 40.2440.53

Returning $85,590 nett p.a approx.
Yield approximately 7.1%

LEASE SCHEDULE

Shop 1 COFFEE SALES
Lease 2 years x 2 years from 09/04/07
Rental Increases CPI Annually
Outgoings 15%
Rental $12,066.12 net + GST

Shop 2, 3 & 4 PHARMACY
Lease 5 years from 09/06/06
Rental Increases CPI Annually
Outgoings 36%
Rental $33,605.52 net + GST

Shop 5 CHINESE TAKEAWAY
Lease 5 years from 10/02/11
Outgoings 18%
Rental $13,729.08 net + GST

Shop 6 DELI
Lease 3 years x 3 years from 31/01/07
Rental Increases Stepped
Outgoings 31%
Rental $23,499.96 net + GST

Property ID: 5758249Last Updated: 5 Dec 2013

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