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Shops1-2/450 Elizabeth Street Surry Hills, NSW 2010

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Shops1-2/450 Elizabeth Street,
Surry Hills, NSW 2010

Shops & Retail • Other

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Map of Shops1-2/450 Elizabeth Street

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

This street front shop is located on Elizabeth Street close to Central Station. It comprises of 2 strata titled shops and 2 security carspaces. It has wide glass shop front (about 10M) along Elizabeth Street with a high 3.7M ceiling in part of the shop.

Pizza Hut has been occupying this property for many years. They have recently renewed the lease for 5 years till Oct 2016 with an option to renew another 5 years.

The current rental is $62,356.56 per annum + GST. In addition, the tenant also pays strata levies (excluding special levies & capital expenses), council rates, water rates & charges.

This is an excellent opportunity for investors looking for an affordable street front retail investment with a stable rental income.

Outgoings (approx. per annum payable by the tenant)
Council rates: $2,227
Water rates & charges: $1,685
Strata levies: $19,520

Interactive Floorplan:
http://www.open2view.com.au/property/view/199723

Contact:
Raymond Hung 0419 223 895 or 02 9289 8908
rhung@raywhitecitysouth.com.au

Additional information

Property ID: 500059106Last Updated: 13 Dec 2013

(02) 9289 89...
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Shops1-2/450 Elizabeth Street
Surry Hills, NSW 2010
Ray White - City South
Suite 44E, Level 3/650 George Street
SYDNEY, NSW 2000
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