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1008 Botany Rd Mascot NSW 2020

  • Parking / Car Space
  • Floor Size15 m²
  • PriceFor 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!

Property Highlights

Property ID2014936386
Floor Area15 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 May 2019
Map for 1008 Botany Rd Mascot NSW 2020
Altera Group
Po Box 1610 Potts Point NSW 2011

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