Affordable Retail Investment. Tenant: TAB Limited.
Freehold investment leased to TAB Limited.
Tenant has occupied subject premises for circa 36 years.
Wide retail frontage in the heart of Mortdale's bustling retail precinct.
Adjacent to Mortdale railway station, bus stop and Mortdale Hotel.
Convenient on-street parking directly in front.
Flexible B2 Local Centre zoning (suit multiple uses STCA) and 1.5:1 FSR.
Attractive annual 3% increases.
Tenant pays usual outgoings, as per lease.
Solid entry level commercial investment.
Net Income: $74,694 pa + GST.
Expressions of Interest
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