Situated within the Lane Cove business district, is this tenanted investment opportunity perfect for any savvy investor. The shop is flooded in natural light having double height, floor to ceiling windows on two separate sides, adding to the overall high-quality fit-out and presentation of the shop. Consisting of an internal area of 106sqm with 2 car spaces on title and an exclusive 46sqm loading bay area, open area / dinning and seating, food preparation / service area, large prep area and cool room as well as internal bathrooms. Underpinned by a Multinational covenant, exceptionally attractive lease structure. topped of by a sensational piece of real estate, this investment will not be around for long.
- TENANT: Subway Realty Pty Ltd
- TERM: 5 + 5 + 5 years
- COMMENCEMENT: 01/09/2017
- GROSS INCOME: $52,637.28 p.a. + GST + Outgoings
- OUTGOINGS: 100% payable by the tenant + Land Tax
- NET INCOME: $52,637.28 p.a. + GST
- UPSIDE: 4% annual increases
Servicing the immediate industrial clientele, with limited competition from surrounding amenities and operators, G1.27 Mars Road is secured by an exceptionally profitable business that is in high demand from its local business residences.
OPEN FOR INSPECTION TIMES: WEDNESDAYS & SATURDAYS - 1:55pm - 2:25pm
For sale via Private Treaty
For any further information, to obtain an Information Memorandum, please do not hesitate to contact Nick Moloney - 0477 545 111
For more details, please email agent