1 Johnston Lane Lane Cove NSW 2066
- Hotel / Leisure
- 1 m²
- For Sale, POA
ACCOMODATION FREEHOLD LEASED TO LINK HOUSING LTD
Multi-level building located less than 10km from North Sydney CBD.
23 self-contained rooms + onsite parking rebuilt in 2015.
Leased to Link Housing Ltd, managing circa 4,000 homes across NSW since 1984.
Current rent $357,000 pa (approx.), until 2020 + 5 year option.
Rooms ranging in sizes up to 31m2, all with kitchenettes & bathrooms.
Significant depreciation allowances, circa $99k in 2019 year.
Property Code: 1686
|Floor Area||1 m²|
|Land Area||497 m²|
|Annual Return||Ask Agent|
|Last updated||11 Sep 2019|