3 Car Spaces For Sale in Eastern Suburbs, NSW

Park & Fly Sydney Airport - Double Car Space

Rare opportunity to own 1 double car space at the Sydney Airport Park N Fly.

Sydney Airport, Australia’s busiest airport, is booming with travel expected to grow nearly 9% per year.

Strata car space fully leased to Park N Fly, located adjacent to Sydney Airport and is a modern well maintained secure strata parking facility. Park N Fly is a well-established successful operator of parking facilities.

The current lease provides a steady and reliable income.

Gross income $9,036.68.
After expenses annual net income:
$7,773.89*

These properties feature:
• Annual 3% increases ri...

Great Secure Small Investment in Sydney growth Corridor

Double Car space adjacent to Sydney Airport leased to Park N Fly on a long term lease, offering a purchaser a secure investment.

Currently the car space is leased at:

Lot 239 – 1 double space with annual gross income: $8773.44

The car space lease consists of:

- Leased to Park N Fly from 3/9/2014 with 3 five-year options.
- Annual 3% increases pushing to 4% with the renewal of the option in 2019.

The car park is a 9 level car park built in 1999 and has 24 hour security and 8 allocated wash bays.

https://www.parknfly.com.au

Airport Investment

Double car park in Park and Fly. Great little investment to either start your portfolio or an additional property for a small investment.

Set and forget as leased back to Park and Fly.

Rates: $522 per year approx.
Strata Fess: $810.64 per year approx.
Gross Return: $8,029.00 per year
Leased Term: 2014 to 2019 plus 3 x 5 year options

For more information, please contact Steve Norris 0408 636 032 or Liz Babkenian 0414 965 132.