Prime Inner West Sydney Investment

For Sale by Deadline Private Treaty
Closing 4pm Tuesday 21 May 2019 (Unless Sold Prior)

56.3 sqm shop/office + valuable parking space
Leased to Hibernian Contracting, strong local business & major beneficiaries of NSW Infrastructure spending
New 3 year lease to 2022 + option to 2025
3.75% annual rent increases (net income $44,132 in 2021)
Tenant pays all outgoings, as per lease
Easily managed single tenant investment
Sought after Inner West Sydney leisure & lifestyle precinct
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
Valuable depreciation allowances: 3 year old building

Net Income: $41,000 pa + GST
Indicative Price: $780,000