Prime Inner West Sydney Investment – Successful Travel Specialist

122 Terry Street , Rozelle NSW

Property Highlights

Secure Lease

Fantastic Growth Location

4km to Sydney CBD

Description

Auction – Tuesday 2 April 2019 at 11am at Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Secure 5 year lease to November 2023 + options to 2026
Successful boutique travel specialist in near new development with loyal customer base
Large 116 sqm with extra wide frontage PLUS two (2) secure car spaces on title
Tenant pays all outgoings, as per lease
3.5% annual rent increases
Rozelle: booming Inner West suburb with further growth to come
White Bay redevelopment will be one of the largest in inner Sydney
M4-M5 link (Westconnex) $7Bn infrastructure project incl. Rozelle rail yards easing congestion
Proposed Sydney Metro West rail link
Further population growth through increased medium density housing
Close proximity to Birkenhead Point just across Iron Cove Bridge
Young, wealthy demographic with high disposable income
Valuable depreciation benefits available

Net Income: $80,000 pa + GST

Property Details

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

Contact Agents

Michael Gilbert

+610 430 024790

Dean Venturato

0412 840 222

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