Situated in this highly visible and convenient location is a superb investment opportunity. Known as Coogee Convenience this shop and 2 bedroom residence with own private courtyard provides a wonderful investment.
Featuring a shop area of 40 square metres plus residence, the property currently produces a net annual rental of $62,220 incl GST, plus 100% of the outgoings.
- Lease term: 5th year of an original 5 plus 5 year lease
- Potential also to split the shop and residence under existing Strata By Laws.
An outstanding investment opportunity with further potential for an owner occupier at a later date.
Council Rates $553.90 p/q
Water Rates $163.18 p/q
Strata Levies $1403 p/q