Ray White City South
SOLD! SOLD! SOLD!
- Building: 168m²
- Land: 123m² (0.03 acres)
This 3-storey terrace is located on Harris Street close to Darling Harbour, Sydney TAFE and UTS.
The ground level is leased to a caf/bakery till 27 September 2014, the tenant has an option to renew the lease for a further 5 years. The current rent is $850 per week + GST, it will be increased to $1,000 per week + GST from 28 September 2011 and subsequent annual rent increase will be subject to CPI adjustment.
The upstairs residence has 4 bedrooms and is currently rented out for approximately $650 per week on a month to month basis.
The land area for the property is 123 sqm with a width of about 6M facing Harris Street.
Statutory outgoings (approximate per annum)
Council rates: $1,718
Water rates: $728 (excluding water usage, trade waste and grease trap charges paid by tenant)
Land Tax: Nil subject to single holding basis on a taxable land value of $360,000 as at 31 December 2009.
Raymond Hung 0419 223 895 or 02 9289 8908
123m² / 0.03 acres