Shop 4, 83 Mount Street,
North Sydney, NSW 2060

Shops & Retail

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IDEAL S.M.S.F INVESTMENT - CLOSE TO AN 8% RETURN

Don't miss the opportunity to purchase this investment with a brand new 5 year lease. Leased to Taruhachi Japanese Dining. Located in a popular hub with the
local business community and trading for lunch and dinner.

- Fully air conditioned
- Traditional fitout
- New 5 year lease commencing 1st Sept 2012, not expiring until 2017
- 1 minute to North Sydney station
- Set in the heart of Mount Street mall

Lease Details: 5 yrs - 1st Sep 2012 - 31st Aug 2017
Option Period: 5 yrs - 1st Sep 2017 - 31st Aug 2022

Gross Rent - from 1/9/12 with fixed 4% annual increase
$41,057.16

Outgoings:
Council Rates
$
483.31
Water Rates
$
882.20
Strata Levy
$8,600.00
Total outgoings:
$ 9,965.51

Net Rent from 01/09/2012
$31,091.65

This represents an opportunity to acquire a prime retail investment in the heart of North Sydney.

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Property ID: 5725859Last Updated: 5 Dec 2013

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