Property ID: 19015308
Raine and Horne Commercial are pleased to offer an outstanding opportunity to secure this affordable Inner West Retail Investment and offering a yield of over 6%.
Leased to established tenants on a new lease which can be extended to either three (3) or four (4) if you so desire.
Well located in this high traffic area and is situated between a number of well established businesses, cafe’s and restaurants, Excellent transport options with city buses at your doorstep and just metres from Dulwich Grove Light Rail in rapidly developing and vibrant Dulwich Hill.
Key Selling Points:
- Building area – 82 sqm (approx.)
- New 2 × 2 × 2-year lease to established tenant (Possible increase of lease term to 3 × 3 × 3 years)
- Net rent – $40,000 plus GST
- Car parking on title
- Corner Location
- Excellent exposure
- Zone – B2
- Food ready for future use
This property Must Be Sold.
This property represents great value.
|Building / Floor Area||82 sqm|
|R&H Suburb SummaryHouses|
|Number of sales||101|
|Median Rental Price||$793 p.w.|
|Change in Rental Rate (5yr)||22 %|
|R&H Suburb SummaryUnits|
|Number of sales||165|
|Median Rental Price||$520 p.w.|
|Change in Rental Rate (5yr)||16 %|