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Address available on request North St Marys, NSW 2760

Address available on request,
North St Marys, NSW 2760

Warehouse, Factory & Industrial • Shops & Retail • Other

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$495,000

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Returning $27,583.40 a year clear... $530.45 a week... 5.2% net return

  • Fantastic investment opportunity
  • Great tenant in place
  • 3 Phase power
A fantastic investment opportunity exists with Kurrajong Takeaway & Coffee shop at North St Marys, that is well positioned on a relatively busy corner location within an employment area and nearby residential. Not to mention it being a very short distance to St Marys railway station and main street. This great opportunity consists of a 100m2 shop, 41m2 of designated parking, solar power, a great tenant with a fantastic business who is now two years into her 5 X 5 year lease arrangement with a fixed 3% annual increase. Now paying $27,583.40 exclusive of G.S.T. per year PLUS strata levies, council rates and water rates. A net return of over 5.2% P.A... Now that is a lot better then you will get from any bank right now...

Property ID: 503313954Last Updated: 7 Aug 2020

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Address available on request
North St Marys, NSW 2760

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