Ray White City South
SOLD! SOLD! SOLD! Looking to sell? Call Raymond Hung on 0419 223 895.
- Building/Land: 247m² (0.06 acres)
This single level freehold property is located on the main street of Campsie with a bus stop literally at its door step. The land area is about 247sqm with a street frontage of about 7 metres.
It is currently leased to a pizza and steak restaurant well received by residents in the local and neighbouring suburbs. Current rent is $52,000 per annum + GST. According to the lease, all outgoings including council and water rates, insurance and land tax (if any) are paid by the tenant. Current lease will expire in August 2012, the tenant has 2 options to renew the lease for 2 years each. Annual rent increase is 5%.
Outgoings (approx. per annum)
Council rates $1,782.20
Water rates $2,135.40
Raymond Hung 0419 223 895 or 02 9289 8908
247m² / 0.06 acres