Sold

Low Cost Investment

Rare opportunity to invest in the Heart of tightly held Crown Street, Surry Hills retail market. This two level secure retail investment is strategically located on Crown Street and takes advantage of a large amount of passing trade.

- Current income of $55,125.00 p.a (plus GST)
- Lease term: 5 years (commenced 9th May 2012)
- Option period: 5 years
- Secure well established tenant
- Fixed 5% annual increases
- Highly exposed position on Crown Street
- Rare opportunity to acquire high quality retail property

Council Rates: Approx. $337.00 Per quarter
Water Rates: Approx. $188.00 Per quarter
Strata Levies: Approx. $668.00 Per quarter
Address Shop 3, 538 Crown Street
Price SOLD
Property Type commercial
Property ID 24
Category Retail, Showrooms/Bulky Goods
Floor Area 80 m2

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Chris Momitsas

0424 24 74 76
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