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Shop 1/9-11 Arncliffe Street
Wolli Creek NSW 2205
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Sold on 7 Jan 2021

Shop 1/9-11 Arncliffe Street Wolli Creek NSW 2205

  • Shop & Retail
  • 110 m²
  • Sold, $0

Investment 5.2% Net Yield

110m²* Shop in Wolli Creek featuring a state of the art restaurant fit-out complete with cool room, gas kitchen, furniture, and computer system.

The shop is currently operated by an experienced restauranteur on strong new lease terms providing long-term income for a commercial investor. The recent leasing campaign generated a total of 34 inquiries and was leased in a short period of only 8 weeks.

Investment information:

- New 5-year lease with 5-year option (potential 10-year tenure)
- NET income of $65,000 pa + GST
- All outgoings paid by the tenant
- 2-year-old building, benefit from depreciation
- All equipment included with property purchase, claim further depreciation on entire fit-out inventory

Other features include:

110m²* Building area
3 secure car spaces
Entire fit-out and equipment included in the sale
Inventory Available on Request
Short distance to Wolli Creek Station, public transport, the new Woolworths and Dan Murphys in Wolli Creek's main shopping area
Benefit from surrounding high-density residential dwellings for secured business customer base

For further information on this sturdy investment opportunity please contact exclusive CPG sales agents.

Open for inspections:

Contact our agents below to arrange a viewing.

*approximate

Property Highlights

Date Sold7 Jan 2021
Sold Price$0
Floor Area110 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Property ID2016556137
Category
Last updated  7 Jan 2021
Map for Shop 1/9-11 Arncliffe Street Wolli Creek NSW 2205

Nearest transport* to Shop 1/9-11 Arncliffe Street Wolli Creek NSW 2205

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Property Highlights

Date Sold7 Jan 2021
Sold Price$0
Floor Area110 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Property ID2016556137
Category
Last updated  7 Jan 2021
239 Rocky Point Road Ramsgate NSW 2217

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