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Listing ID: 4108355



Matthew McHardy

m: 0450 440 799

p: (02) 8713 6807


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For Sale


15 YEAR LEASE - WITH 10 YEARS LEFT


Address:
REVESBY
Description:
* 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 $118,807.44 P.A. NET + GST with the next increase due on 1st Oct this year to approx $121,000 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


Usage:
Retail/Showroom/Land/Development
Land Size:
1,061 m2 approx
Property Size:
1,061 m2 approx
Sale Price:
Circa $2,395,000
Occupancy:
 
Zoning:
B1 - Neighbourhood Centre  
Council:
Canterbury/Bankstown  
Availability:
Now
GST:
Unless otherwise stated, all prices quoted are exclusive of GST.