Freehold 6 storey building
Site area 350 sqm*
Current NLA of 1,477 sqm*
Current passing income $1,083,503 + GST* per annum
Rental reversion income of $1,494,210 + GST* per annum
DA lodge for the conversion of backpackers accommodation
Ideal location with high pedestrian traffic & dynamic day/night entertainment precinct
Surrounded by abundance of retail offerings of World Square, Chinatown and Darling square newly built $3.4 billion development with more than 2,500 new residential units and offices
*approx.
For sale by Expressions of Interest closing Wednesday 28 August 2019 at 2pm (AEST).