1008 Botany Rd Mascot NSW 2020
- Parking / Car Space
- 15 m²
- For Sale, Leased Investment $76,500
Sydney Airport - Park & Fly - Single Car Space “9 Sold 1 Left!"
- Leased Investment
- No Management Fee
- No GST
Terrific opportunity to own a single car space at the Sydney Airport Park N Fly.
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: $5,172.84, increasing to $5,379.75 in September 2019.
After expenses, annual net income: $4,282.13 increasing to $4,489.04 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
Sydney Airport, Australia’s busiest airport, is booming with travel expected to grow nearly 9% per year.
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||15 m²|
|Land Area||Ask Agent|
|Parking||1 x Onsite parking|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||9 May 2019|