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Sold on 1 Jul 2019

40 Parkes Avenue Byron Bay NSW 2481

  • Offices
  • 128 m²
  • Sold

Investment Sale

Investment Opportunity

Brand New Mixed use terrace within the Habitat Community

Strata Titled lot including use of 1 resident car space and 1 visitor car space
DA approved for Residential AND commercial / retail use
New 3 year lease, commenced 1st March 2019
Annual rent increases Fixed at 3%
Option to renew for further 3 years
Rented on commercial lease
Gross Rent of $52,142.86 per annum
3 Months Bond held as security deposit
Personal / Director Guarantee
Leased to Apex Outdoor: Furniture Supplied
Strata and Council yet to be rated/levied. Estimate is based on identical neighbouring properties.
Strata Levies $1329 per ¼ (plus GST)
Council + Water Rates : $546 Per ¼ (not subject to GST)

For Sale $830,000 (including GST)
(note: some purchasers may be able to claim partial GST refunds consult a qualified adviser to confirm)

Property Highlights

Property ID2015132816
Date Sold1 Jul 2019
Floor Area128 m²
Land Area128 m²
ParkingAsk Agent
Last updated  23 Apr 2019
Map for 40 Parkes Avenue Byron Bay NSW 2481
Precise Property
Suite 48/117 Old Pittwater Rd Brookvale NSW 2100

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