Terms agreed* for new 5 year lease to November 2020 plus options to 2035
Fully leased investment just 13 km from Sydney CBD
Substantial 3 level building including two large 174 sqm residential units with courtyards and basement level
Valuable drive through facility with rear lane access
Exceptionally busy retail village precinct servicing affluent waterside catchment along Parramatta River
Woolworths lease provides for 3 % annual increases and 80% of outgoings reimbursed.
Net Income: $243,687 pa + GST.
Auction 2pm Tues 19 May, 50 Margaret St Sydney
Simon Staddon 0413 640 851
CO AGENT
RAINE & HORNE COMMERCIAL
Gregory May 0411 723 470
Daniel Krobot 0411 215 339