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G1/27 Mars Road
Lane Cove West NSW 2066
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Sold on 12 Nov 2019

G1/27 Mars Road Lane Cove West NSW 2066

  • Offices
  • 106 m²
  • Sold

sold by nick moloney 0477 545 111

  • 106SQM + 46SQM LOADING BAY
  • 2 CAR SPACES ON TITLE
  • HIGH QUALITY FITOUT & PRESENTATION

Situated within the Lane Cove business district, is this tenanted investment opportunity perfect for any savvy investor. The shop is flooded in natural light having double height, floor to ceiling windows on two separate sides, adding to the overall high-quality fit-out and presentation of the shop. Consisting of an internal area of 106sqm with 2 car spaces on title and an exclusive 46sqm loading bay area, open area / dinning and seating, food preparation / service area, large prep area and cool room as well as internal bathrooms. Underpinned by a Multinational covenant, exceptionally attractive lease structure. topped of by a sensational piece of real estate, this investment will not be around for long.

- TENANT: Subway Realty Pty Ltd
- TERM: 5 + 5 + 5 years
- COMMENCEMENT: 01/09/2017
- GROSS INCOME: $52,637.28 p.a. + GST + Outgoings
- OUTGOINGS: 100% payable by the tenant + Land Tax
- NET INCOME: $52,637.28 p.a. + GST
- UPSIDE: 4% annual increases

Servicing the immediate industrial clientele, with limited competition from surrounding amenities and operators, G1.27 Mars Road is secured by an exceptionally profitable business that is in high demand from its local business residences.

OPEN FOR INSPECTION TIMES: WEDNESDAYS & SATURDAYS – 1:55pm – 2:25pm

For sale via Private Treaty

For any further information, to obtain an Information Memorandum, please do not hesitate to contact Nick Moloney – 0477 545 111

Property Highlights

Date Sold12 Nov 2019
Floor Area106 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2015653756
Category
Last updated  18 Nov 2019
Map for G1/27 Mars Road Lane Cove West NSW 2066

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Property Highlights

Date Sold12 Nov 2019
Floor Area106 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2015653756
Category
Last updated  18 Nov 2019

Listed by

Nick Moloney
Nick Moloney
Raine & Horne Commercial North Sydney
Call
0477545111

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