Rare Sydney Eastern Suburbs Retail Investment

1/65 Belmore Road , Randwick NSW

Description

Established tenant in premium location
Bustling retail precinct
+ Renewed 5 year lease to 2023 + option to 2028
+ Tenant established since 2013
+ Modern building with valuable depreciation
+ Tenant responsible for increases in outgoings (as per lease)
+ Rare 3% annual rent increases
+ Easily managed single tenant investment
Net Income: $102,909 pa + GST

Auction
11am AEDT Thursday 27 February
Doltone House Hyde Park, Sydney, NSW

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
110 SQM
Building Area
110 SQM

Price

Contact Agent

Contact Agent

Michael Gilbert

+610 430 024790

Contact Me

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