7/171-173 Carrington Road ,COOGEE ,2034 ,New South Wales

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A Convenient Investment

Property ID: 17827160

Shop 7 is situated in this highly visible and convenient location is a superb retail investment opportunity. Currently occupied by Coogee Convenience, this shop with upper level storage offers the astute investor an outstanding investment opportunity to purchase a solid long term investment property that would make the ideal addition to anyone’s property portfolio.

- Size approx 35 sqm + lower level storage approx 33sqm

- Secure tenancy with long term lease

- Current rent of $42,480 per annum

- Fixed 5% annual increases

- Current lease ends in 31 May 2021 with a further three (3) years option

- Strata $845.00 approx per quarter

-Council $335.00 approx per quarter

This is an opportunity not to be missed!

In conjunction with Ray White Commercial City South

Michael Buium 0408 385 385

Ciara O’Connor 0407 192 755


Print brochure

Subject: 7/171-173 Carrington Road, COOGEE, 2034, New South Wales

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Patrick Cosgrove

0407 776 764

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Blake Spooner

0450 426 686

www.mapsembed.com

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R&H Suburb Profile: Coogee

R&H Suburb SummaryHouses
Number of sales 59
Average Price $2,453,678
Median Price $2,600,000
Median Rental Price $950 p.w.
Change in Rental Rate (5yr) 43 %
R&H Suburb SummaryUnits
Number of sales 272
Average Price $868,825
Median Price $1,000,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 12 %
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