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Shop 1/332-338 Military Road
Cremorne NSW 2090
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Sold on 20 Jun 2014

Shop 1/332-338 Military Road Cremorne NSW 2090

  • Shop & Retail
  • Sold

Affordable Investment, Opportunity for Super Fund - 8% Yield or better

8% YIELD OR BETTER, BIDDING FROM $350,000

Located on the ground floor of bustling Military Road, this great little investment has a fresh 3 + 3 lease commencing November 2013.

The tenant is a long term Cremorne tenancy situated in the popular Cremorne Plaza, surrounded by retailers, office suites, restaurants and cafes.

With a net income of $31,000 and returning 8% yield or better, the property is in the affordable price range and is ideal for a super fund.

Central position, close to the IGA Supermarket and the Hayden Orpheum Theatre Complex.

Strata Area: 48sqm

For more details, please contact:

David Shaw
Doran Commercial
(P) 9953 3400
(E) david@dorancommercial.com.au

AUCTION

Auction date and time19/06/2014 10:30
Auction locationCommercial Real Estate Auction Centre

Property Highlights

Date Sold20 Jun 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011195155
Category
Last updated  20 Jun 2014
Map for Shop 1/332-338 Military Road Cremorne NSW 2090

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Property Highlights

Date Sold20 Jun 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011195155
Category
Last updated  20 Jun 2014

Listed by

David Shaw
David Shaw
Doran Commercial
Call
02 9953 3400

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