SOLD BY MATTHEW MCHARDY – 10 YEAR LEASE TO PARENT COMPANY – 5% NET RETURN
Revesby
Price: $2,200,000
Property Size: 1061m2
Land Area: 1061m2
Property Type: Retail
Zoning: B1 - Neighbourhood Centre
* Sit back with your feet up enjoying the sea-breeze at the beach just waiting for your next rental payment?
* This high yielding investment property is now offered for sale
* Tenant Pays all the outgoings for you (excluding land tax)
* Current rent of $120,672 P.A NET + GST
* Lease expires in September 2029 + option to renew for a further 5 years
* Well established, high profile fuel sale company
* Future development potential with this 40 metre frontage.
HIGH YIELD + HIGH RENTAL GROWTH = HIGH LIFE