Sydney Sale - Commercial Real Estate ID 294550

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Shop B8/7-13 Hunter Street, SYDNEY NSW 2000

Prop ID: 294550

SALE

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7% net rental return

Shop B8/7-13 Hunter Street, SYDNEY NSW 2000

Building Area:

31 m²

Occupancy:

leased investment

Sale Price:

$520,000 (GST n/a)

Rental (p/a):

$52,328 (GST ex)

Outgoings Paid By:

tenant

Currently leased to a café operator on a rental of $52,328 per annum + GST, this 31 sqm strata retail shop is located inside the Hunter Connection on the same level as Wynyard train station. The lease will expire on 15 September 2011 plus a 5 years option. The net income after outgoings is about $36,376.50 per annum.
Outgoings per quarter:
Strata levies
Administration fund $2,869.75 Sinking fund $833.25
Water rates $134.70
Council rates $150.20

Details: Raymond Hung 0419 223 895 or email to rhung@raywhitecitysouth.com.au

Agent Details

Ray White City South

Level 1770 George Street

Tel: 0292898989

Fax: 0292898988

Contact:

Raymond Hung

Mobile: (02) 9289 8989

General: (02) 9289 8908

Sales:

Rental:

Technical:

Fax: (02) 9289 8988

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Ray White City South, Sydney

Subject:

Property for sale - ID 294550

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