Level Ground Floor, Suite Shop/265 Castlereagh Street Sydney NSW 2000

The retail premises is a 20 square meter shop close to the law courts. It is currently leased out to a convenience store with net rental income of $45,490 (approx) + GST.

Leasing information:

- Lease will be renewed in September 2018 with another 5 year option
- 5% rental increase every year. Market review for the option after 3 years
- The premises is very easy to be leased
- Stable long term tenant who has been in the premises for 7 years

Outgoings:

- Strata Levy: $1,117.25
- Council rates: $261.70
- Water rates: $62.50

(per quarter approx.)

6% net return