1-3/2 Laurel Street Carramar NSW 2163

HIGH YIELD, HIGH STYLE, HIGH DEPRECIATION OPPORTUNITY

* Brand new commercial premises, was built & completed in 2020.
* Now has a new 5-year lease with a 5-year option, commenced October 2021.
* Current rent of $180,000 P.A. Gross + GST with outgoings estimated at $20,533 P.A. Gross + GST. ($159,467 P.A. Net +GST)
* Annual increases of 3%.
* Quality well experienced tenant (Plus Fitness 24/7) in the thriving fitness industry.
* Prime corner location property with the highest exposure to The Horsley Drive.
* This property is 3 titles; with lift-access to 15 registered secure basement car park spaces.
* Zoned B1: Neighbourhood Centre

Open for Inspections : Tuesdays and Thursdays 11:00am - 11:30am

Auction: 28th April 2022 6pm in rooms 3/56 Kitchener Parade, Bankstown. (Unless Sold Prior)

Matthew McHardy
0450 440 799
matthewm@commercial.net.au

Bryan Rizk
0450 992 392
bryanr@commercial.net.au