Ray White City South
Prominent Exposure with excellent rental return
- Building: 508m²
This strata retail shop occupies the whole ground level of a commercial building within the home improvement/furniture precinct on Parramatta Road in Stanmore.
It has 508 sqm of ground level retail space, 10 security car spaces and a separate loading dock on title.
It is currently leased to The Comfort Shop, a renowned furniture company with 4 stores in Sydney and Melbourne.
A new 3 + 3 year lease was drawn with the current tenant effective from 1 July 2009. The rent is about $144,000pa + GST which will be increased by 3 % every year.
Estimated outgoings per annum:
Strata Levies: $7,242.40 Council Rates: $2,358.06 Water Rates: $631.20
Details: Raymond Hung 0419 223 895 or email firstname.lastname@example.org