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568 Pacific Highway
Belmont NSW 2280
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Sold on 10 Dec 2013

568 Pacific Highway Belmont NSW 2280

  • Shop & Retail
  • 1,536 m²
  • Sold

Securely Leased Investments On Multiple Titles inc Westpac

3 outstanding retail investments - To be sold in one line.
High exposure corner position, between Coles and Woolworths.
Total site area: 1,536 sqm with 74 m return frontage.
Long term mixed use development potential (STCA).
Reject Shop: Lease: 7+7 years from Sep. 2013.
Net Income: $101,063 pa + GST.
Westpac: Lease: 7 years from Feb. 2011.
Net Income: $62,831 pa + GST (as at 03/14).
Ink Apparel: Lease: 3 years from Feb. 2012.
Net Income: $17,398 pa + GST (As at 02/14).
Substantial land and buildings at affordable entry price.
Combined Net Income: $181,292* pa + GST (as at 03/14)

For sale in Burgess Rawson Portfolio Auction 85 on:

Tuesday 10 December 2013 at 2:00pm AEDT
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.investmentportfolioauction.com.au

Darren Beehag 0411 226 223
dbeehag@burgessrawson.com.au

*Approx

AUCTION

Auction date and time10/12/2013 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold10 Dec 2013
Floor AreaAsk Agent
Land Area1,536 m²
ParkingAsk Agent
Property ID2010826505
Category
Last updated  11 Dec 2013
Map for 568 Pacific Highway Belmont NSW 2280

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Property Highlights

Date Sold10 Dec 2013
Floor AreaAsk Agent
Land Area1,536 m²
ParkingAsk Agent
Property ID2010826505
Category
Last updated  11 Dec 2013

Listed by

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223

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