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155-157 Victoria Road
Drummoyne NSW 2047
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155-157 Victoria Road Drummoyne NSW 2047

  • Offices
  • 140 m²
  • Sold

INVESTMENT OPPORTUNITY - DRUMMOYNE

Investment opportunity to secure this Victoria Road property presently split into two shops with potential to add first floor office space.

Front shop is presently a hairdresser with a rent of @20,447 Per Ann GST. Lease commenced 31/08/09 on 3 years with 3 year option

Rear shop is presently a laundromat ar a rental of $44,796 Per Ann GST. Lease commenced 24/10/09 on 4 years with 4 year option

Gross rent $65,273 Per Ann GST

OUTGOINGS:
Council Rates: $2537
Water Rates: $880
Land Tax: $2678
Insurance: $3775
TOTAL: $9870

Net Return: $55,403 Per Ann

Property Highlights

Floor Area140 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2009819291
Category
Last updated  17 May 2011
Map for 155-157 Victoria Road Drummoyne NSW 2047

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Property Highlights

Floor Area140 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2009819291
Category
Last updated  17 May 2011
200 Victoria Road Drummoyne NSW 2047

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