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Entry Level Retail Investment
Office
86m2
Location
Entry Level Retail Investment
Office
86m2
Location
Entry Level Retail Investment
Net Return Circa 7.76%. Total Net annual passing income $29,488 approx.
Two fully self-contained side by side suites to be sold in one line as an investment. Lease details are as follows:
Suite 17 is 58 sqm leased for a term of 2 years + 2 years commenced June 2012. Current annual rent is $16,680 + GST Gross. Estimated annual outgoings are $2,260.
Suite 16 is 28 sqm leased for a term of 3 years + 3 years commenced May 2011. Current annual rent is $16,640 + GST Gross. Estimated annual outgoings are $1,572.
Features:
* Self-contained suites
* Each with kitchenette
* Each with WC
* Development has 5 visitor parking spaces
* Good opportunity to get into the commercial property market and enjoy the high yield.
LOCATION:
Situated within a strata development, below residential apartments, next door to KFC in Dee Why’s CBD. In close proximity to one of the Northern Beaches busiest bus stops, restaurants, cafes, Dee Why Grand, Australia Post & less than 2 km from Dee Why Beach.
** All areas/measurements are approximations **
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