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Sold on 12 Aug 2019

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

Property Highlights

Property ID2006198783
Date Sold12 Aug 2019
Floor Area200 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  14 Dec 2006
Map for 105 Union Street Mcmahons Point NSW 2060
Richardson & Wrench North Sydney
Ground Floor 66 Berry Street North Sydney NSW 2060

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