307-309 Windsor Street Richmond NSW 2753

NSW Government tenanted investment leased to June 2022.
Significant 2,675 sqm landholding in NW Sydney growth corridor.
NSW Government have occupied subject site for some 77 years!.
Lessee: Health Administration Corporation, occupying 100% of site.
Tenant pays outgoings, as per lease incl. land tax.
Attractive fixed 3% annual rental increases.
Comprises 2 storey residential building plus large ambulance station behind.
Residential R2 zoned site offering future subdivision / redevelopment potential.
Affordable investment opportunity with upside.
Net Income: $111,599 pa + GST (as at June 2017)