Tenanted Shop in NSW Returning Net 7.2%+
Property ID: 17105915
Purchase Price $400K
Net Rent $29K
Net Return 7.25%
3 + 3 Year Lease, First Term ends November 2019
Tenant Pays all outgoings
Rent as per market rent
This strata retail space in New South Wales is leased to a tenant that is opening a hairdressing business, the owner has successfully operated and sold multiple businesses in the past.
105m2 floor area
2 parking spaces
Tenant currently doing a new fit out .
100% occupancy in complex with anchor tenants Snap Fitness & Service NSW
$83 a week positive cash flow*
Contact Yujin Yeoh on 0479 191 815 for more details.
* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.