Gunning Commercial is pleased to offer for sale by private treaty this beautifully renovated property. This building recently seen a ground up refurbishment with no expense spared. The property presents an excellent opportunity to own a freestanding building in the heart of Balmain East.
Quaintly situated on Darling Street in Balmain East, directly across from extremely busy East Village Restaurant.
This property features;
- Recently renovated building
- Currently 2 story terrace style restaurant building
- 3 x 3 x 3 year lease
- New lease from 12/04/2013
- Currently Leased until 11/04/16 plus options
- 3 Month gross rental bond
- NLA: 100sqm approx
- Land Area: 120sqm qpprox
Gross rental: $81,300.99 + GST per annum at April, 2014
Net Income: $69,260.97 per annum (approx)
For further information or obtain a sale contract please contact the agent's: