Ray White City South
Prime retail investment opportunity
- Building/Land: 158m² (0.04 acres)
Located directly opposite Westpac Bank and with the pedestrian crossing a few steps away, this freehold 2 storey retail/commercial terrace enjoys excellent exposure to both car and pedestrian traffic 24 hours seven days a week.
This property is fully let to 2 well-established businesses, a bakery and ladies fashion outlet. The net rent is about $265,400 per annum + GST.
According to the leases, all statutory outgoings and insurance premium are paid by the tenants.
The land area is about 158 sqm with about 6.8M frontage to Oxford Street.
Statutory outgoings per annum (approx.):
Council Rates $ 5,105.60
Water Rates and Charges $ 2,053.80
Land Tax $ 16,654.65
Property: 328-328A Oxford Street, Paddington
Auction on Thursday 8 April 2010, 10:30am
Venue: The Grace Hotel, 77 York Street Sydney
Raymond Hung 0419 223 895 or email firstname.lastname@example.org
158m² / 0.04 acres