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Address available on request St Peters, NSW 2044

Address available on request,
St Peters, NSW 2044

Warehouse, Factory & Industrial

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DRASTICLY REDUCED 80sqm RECORDING STUDIO SHOWING 7%APROX RETURN

This amazing 80sqm open plan warehouse has been converted to a state of the art recording studio by the current tenant. The warehouse has high clearance roller doors internal amenities and one secure car park all within only 5 minutes walk to St Peters Station and King Street Newtown. The current tenant is in his 1 st year of a 3 x 3 year lease which has an annual increase of 5% or CPI . This investment would be ideal for your investment portfolio or superanuation fund.

* Income: $25,740 Gross P.A.
*Currently operating as a Recording Studio
*Good secure Tenants on a 3 x 3 lease
* Annual rent increase
*5 minute walk to St Peters Station and King Street Newtown
*24 hour access
*High clearance roller doors
*Within 8km to Sydney CBD and Sydney Airport

Property ID: 500259881Last Updated: 24 Apr 2014

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04320814...
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Address available on request
St Peters, NSW 2044
Inner Metro Property - SURRY HILLS
Suite 2, 535 Crown Street
SURRY HILLS, NSW 2010

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