Affordable CBD retail investment with steady income stream
• 52 sqm strata shop located on street level of Hunter Connection arcade linking Wynyard station to George, Pitt and Hunter Streets
• 7.44m Wide glass frontage with potential for splitting into 2 shops
• Enjoy very busy foot traffic by office workers
• Current rental income $ 56,656 per annum + GST
• Leased to Thai massage business till July 2019 with a 3-year option to renew
• CPI rental adjustment per year, market review in 2019
Estimated outgoings per annum
Strata levies $21,553... [More]
Affordable CBD retail investment with steady income stream
• 52 sqm strata shop located on street level of Hunter Connection arcade linking Wynyard station to George, Pitt and Hunter Streets
• 7.44m Wide glass frontage with potential for splitting into 2 shops
• Enjoy very busy foot traffic by office workers
• Current rental income $ 56,656 per annum + GST
• Leased to Thai massage business till July 2019 with a 3-year option to renew
• CPI rental adjustment per year, market review in 2019
Estimated outgoings per annum
Strata levies $21,553 + GST
Council rates $1,507
Water rates $316
Sold at Auction $613,000 on 8 October 2015
[Less]
