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NEWTOWN, NSW
Prop ID: 294101
SALE

Sold 10/09
Prime retail investments
Building Area:
1 m²
Land Area:
190 m²
Occupancy:
leased investment
Sale Price:
$2,980,000 (GST n/a)
Rental (p/a):
$200,636 (GST ex)
Outgoings Paid By:
tenant

Located just a few shops away from Franklins Supermarket & Dendy Cinemas, this 3 storey building is right in centre of the retail & entertainment strip of Newtown. The land area is about 190 sqm. The total net rental income is about $177,000 per annum + GST.  
 
The rear section of the ground level has just been leased to a bicycle shop with a rent of $26,000 gross pa (GST inclusive) making the net rental income of the whole property about $200,600 per annum + GST.  
 
Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au  


Agent Details

Ray White City South

Level 1770 George Street

Tel: 0292898989

Fax: 0292898988


Contact:

Raymond Hung

Mobile: 0419 223 895

General: 0419 223 895

Sales:

Rental:

Technical:

Fax: (02) 9289 8988

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Ray White City South, Sydney

Subject:
Property for sale - ID 294101

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Disclaimer - This listing is provided as a guide only. It is not a legal offer or advice. Whilst the information has been published in good faith, CRE makes no representations or promises as to the accuracy, completeness or currency of the information. You must make your own assessment and obtain advice if necessary. Neither CRE nor its member agents assume any liability (in negligence or otherwise) for any loss or damage which you may suffer as a result of your use of or reliance on this information.

Ray White City South

Raymond Hung

0419 223 895

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