SOLD

Prime Inner West Sydney Investment

122 Terry Street , Rozelle NSW

Property Highlights

New 3 Year Lease
Affordable Price Point
Last Chance To Buy

Description

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
70 SQM
Building Area
70 SQM

Price

Contact Agent

Contact Agents

Michael Gilbert

+610 430 024790

Contact Me

Dean Venturato

0412 840 222

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