105 Union Street Mcmahons Point NSW 2060

Offices
200 m²
Sold

MCMAHONS POINT INVESTMENT! - PRICE REDUCTION

Well positioned property currently occupied to a solid long term tenant.
Leased to Cavandish Marketing Pt Limited on a 5 year lease plus an option.
This two storey building has immense potential with attractive surroundings, great historic features and easy rear lane access to provide up to 6 car spaces. Current tenant has recently signed a new lease with annual increases.
Income
Cavendish Marketing International Pty Ltd
1/03/2006 - 28/02/2011 5 years
$88,795.08
Outgoind paid paid by tenant
Council rates $7,556.45
Water Rates
$529.60
Outgoings paid by owner:
Land tax $17,746.00
Net Income: 71,049.08
Inspection: Strictly by appointment.
Area: 200sqm
Zoning: North Sydney Residential F
Parking: 6
Price: $1,950000 GST Excluded
Contact:
Mark Smith
0418 523 007
mark@peterhillfn.com.au
Rory Harper
0412 155 518
rory@peterhillfn.com.au