767 Old South Head Road, Vaucluse
FABULOUS OPPORTUNITY. STRATA RETAIL SHOPS - PURCHASE ONE OR BOTH!
An exciting opportunity exists to purchase one or both of these freehold retail shops. Both occupied with longstanding tenants, there's flexibility to establish your own venture by utilising one shop, whilst receiving income from the other. Alternatively, collect the income from both!
Shop 6 is 42sqm and occupied as a café. Annual rent $15,496 + GST (expired lease).
Shops 7-8 is 48sqm and occupied by D-Stress (therapy). Annual base rent $17,676 + GST. Lease 23/11/09 - 22/11/2013 + 4 year option (rental increase as per CPI in 11/2011).
Take advantage of this prominent settingLocated at the junction of New & Old South Head RoadsYour choice of 2 retail spacesBoth quality tenantsOpportunity to occupy one shop and receive the income from the otherAlternatively, receive good income from bothSolid nest egg for the futureGreat value - buy one or both
RATES:
Shop 6:
Water: $135.17pq
Council: $106.59pq
Strata Levies - Admin: $812.10pq
Strata Levies - Sinking: $162.42pq
Shops 7-8:
Water: $270.34pq (tenant's responsibility)
Council: $152.68pq
Strata Levies - Admin: $1,146.49pq
Strata Levies - Sinking: $229.29pq
Property Information
- Floor area approx 90sqm