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Shop lot 2/379 Kent Street Sydney, NSW 2000

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Shop lot 2/379 Kent Street,
Sydney, NSW 2000

Shops & Retail • Other

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Map of Shop lot 2/379 Kent Street

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Sold at Auction! Looking to sell? Call Raymond Hung on 0419 223 895.

This ground level retail shop is located on Kent street between Market and King Street close to Cockle Bay, Queen Victoria Building and Pitt Street Mall.

It has a strata area of 85 sqm and is leased as a convenient store. The current lease will expire on 31 July 2013, the tenant has an option to renew the lease for a further 5 years. The current rent is $71,165 per annum + GST. It will be increased to $74,011.60 per annum + GST from 31 July 2012.

This is an excellent opportunity for retail property investors looking for a steady income stream in Sydney's CBD.

Estimate Outgoings per annum:
Strata levies $6,492
Council rates $1,675
Water rates $760

Auction on Tue 19 June 2012, 10:30am at Mezzanine Level, 50 Margaret Street Sydney

Interactive Floorplan:
http://www.au.open2view.com/tour/plan/222479

Contact:
Ray White City South
Raymond Hung on 0419 223 895 or 02 9289 8908
rhung@raywhitecitysouth.com.au
Ray White Surry Hills
Richard Pembroke on 0419 222 357 or 02 9004 8800
rpembroke@rwdbgroup.com

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Property ID: 500278789Last Updated: 13 Dec 2013

(02) 9289 89...
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Shop lot 2/379 Kent Street
Sydney, NSW 2000
Ray White - City South
Suite 44E, Level 3/650 George Street
SYDNEY, NSW 2000
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