Shop 4, 118 Alfred Street,
Milsons Point, NSW 2061

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GREAT INVESTMENT OPPORTUNITY - Leased until 31st January 2020 with options until 31 January 2030

5 + 5 + 5 Year Lease
$69,506.86 + GST Net pa
Circa 6% Net Return

Shop 4 / 118 Alfred Street, Milsons Point offers a newly fitted out retail shop which presents exceptionally well with a large exclusive outdoor seating area. The property is leased as an Italian Restaurant/Pizzeria to an experienced operator until 31st January 2020 with options until 31st January 2030.

Features Include:

• 118sqm internally + large outdoor seating area
• 5 + 5 + 5 year lease commencing 1/02/2015
• 4% fixed increases pa
• 5 month security deposit
• Impressive restaurant fit out
• Male, Female & Disabled Bathrooms

Gross Income $80,362.88 + GST
Outgoings: $10,856.02 + GST approx
Net Income $69,506.86 + GST approx

To inspect the property or to receive further information please contact Nick Lowry from CI Australia

Property ID: 501915370Last Updated: 4 Jun 2024

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