1008 Botany Rd Mascot NSW 2020
- Parking / Car Space
- 27 m²
- For 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!
|Floor Area||27 m²|
|Land Area||Ask Agent|
|Parking||1 x Onsite parking|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||11 Jun 2019|