124/23 George St North Strathfield NSW 2137

This mixed use commercial/residential property is located in within approximate to North Stratified Station, Bake House Quarter, local restaurants, shop, café and all other amenities.
Currently tenanted to child/disability care head office. This is a great opportunity for someone who is looking to invest in now and looking for potential in near feature.
The ground floor is consisting of five office rooms, three meeting/waiting rooms and massive sun drenched terrace/balcony which can be used for business/outdoor activities
The first floor is offering one oversized bedroom, separate kitchen, combined dining and living area and leafy park view from large balcony.

Detailed features are including as follows;
- Five office rooms with ducted air-conditioning in ground floor
- One bedroom apartment separately situated on upstairs with separate access.

Total area: 363sqm approx.
Downstairs: 296sqm approx.
Upstairs: 67sqm approx.

Lease details
Term: 5+5 years
Commencing date 13/9/2017
Terminating Date 12/9/2022
Rent increase: 4%
Current rental is $52,640 per annum (Excluding GST)
Option to renew: 13/9/2022 ~ 12/9/2027
100% of council rate, water/sewerage charge and strata levy paid by tenant
Council is approx. $278/q
Strata is approx. $618/q
Water is approx. $178/q
Permitted to use office and child care
For more details please contact Simon Kim on 0425 276 009

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