SOLD property

QG7/8 Quay Street, HAYMARKET NSW 2000

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For AUCTION

Retail/Shops/Shopping Ctrs/Service Stns
Building size:
35 sq.m
Property ID:
294089

Main content:

There is no photo of this property on record

Affordable investment with excellent Retail Exposure

This 35 sqm strata shop is strategically located on the Quay Street level of Prince Centre overlooking Thomas Street. Prince Centre is a retail and commercial building prominently located in the Chinatown precinct. This vibrant centre is located 1 block away from Paddy’s market, close to UTS, Darling Harbour and Central Station. The centre houses a wide variety of shops and restaurants frequented by local residents, office workers and students.  
This shop has been leased to the same travel agency for over 10 years and a new 3 year lease has been recently executed. The new lease commences 12 December 2008 with an annual rental of $39,824.50 net of GST. In addition, annual rental increase of 5% is provided for in the new lease.  
 
Estimated outgoings per annum:  
Strata levies $ 5,428 Council rates $ 1,027 Water rates $ 534  
 
Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au  

Summary

Building Area
35 m²
Occupancy
leased investment

Auction Details

Auction Time
23/10/2008 10:30:00
Auction Venue
Angel Place Conference, Mezzanine Flr, 123 Pitt St

Lease Information

Rental (p/a)
$39,824 (GST ex)
Outgoings Paid By
tenant

More information

Website: www.raywhitecitysouth.com.au/


Address is approximate.