Shops 6&7/446-458 Elizabeth Street Surry Hills NSW 2010

Gunning Real Estate is pleased to present for sale these two adjoining shops situated on the ground floor of an apartment building in Surry Hills.

The Shops are in 446-458 Elizabeth Street, a well regarded development with great eateries, trendy bars and the CBD all within leisurely strolling distance.

Shop 6: Leased as a convenience store to Ezymart
Corner exposure, wide frontage with glass windows, open plan with good storage
Term: 3X3years
Area: 51sqm
Car space: 1, on separate title
Rent: $45,933.36 + GST

Outgoings: Tenant pays 25% of total outgoings
Shop - Admin Fund: $2,642.79 , Sinking Fund: $1,625.85 = Total: $4268.64 per qtr
Car - Admin Fund: $176.19, Sinking fund: $108.39 = Total: $284.58 per qtr

Shop 7: Leased as a Hair Salon to Kiru Barbershop
Boutique ground floor shop, flexible space, large glass frontage for signage, existing plumbing, air conditioned
Term: Month to month
Area: 41sqm
Rent: $22,800 + GST
Outgoings: Tenant pays 50% of total outgoings
Admin Fund: $1,639.84, Sinking Fund:$1,070.36 = Total $2810.19

Close to light rail, shops, restaurants and Central train station
Good pedestrian and vehicle traffic