Prime Victoria Road Investment – Fixed 3.5% Annual Rental Increases
77-105 Victoria Road , Drummoyne NSW
Property Highlights
Bustling Victoria Road location
Fantastic transport links
3.5% Annual Rental Increases
Description
6 year lease to 2024 + option to 2029
Specialist Medi-spa clinic with a focus on skincare & wellness
138 sqm showroom area + storage & 4 car parking spaces
Young, wealthy demographic with high disposable income
Bustling Victoria Road location
Food, home design and health/beauty retail precinct
Strong population growth just 6 km from Sydney CBD
Prestige development created by leading developers
Fantastic transport links
Valuable depreciation benefits
Net Incomes from $107,392 pa + GST
Indicative Price $2,000,000 (circa 5.37% yield)
For Sale
Deadline Private Treaty
Offers Closing Thursday 22 April 2021
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
250 SQM
Building Area
138 SQM