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1008 Botany Rd Mascot NSW 2020

  • Parking / Car Space
  • Floor Size27 m²
  • PriceFor Sale, Great Investment $134,900

Park & Fly Sydney Airport - 1 Double Car Space "10 Sold 1 Left!"

  • Secure Commercial Investment
  • Fully Leased
  • Great Return

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.

This strata car space is fully leased to Park N Fly, located adjacent to Sydney Airport and is a modern well maintained secure 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 for each double car space increasing to $9,398.15 in September 2019.

Net income of $7,773.89 per car space per year.
Net income Increases to $8,135.35 in September 2019.

These properties feature:
• Annual 3% increases rising to 4% with option renewal in 2019
• Five year lease to Park N Fly from 3/9/2014 with 3 five-year options.
• Park N Fly pay all expense except strata levy’s and council rates
• Car park comprises 9 levels, including 8 allocated car washing bays
• Facility is gated, fenced, patrolled, well-lit and complete with 24-hour security
• Modern car park, built in 1999

Park N Fly strata car spaces represent an established commercial investment ideal for Super Funds or individuals seeking higher commercial property returns.

Enquire today! Will not last!

Property Highlights

Property ID2014918625
Floor Area27 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Building TypePartial building
Annual ReturnAsk Agent
Last updated  11 Jun 2019
Map for 1008 Botany Rd Mascot NSW 2020
Altera Group
Po Box 1610 Potts Point NSW 2011

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