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15 YEAR LEASE - WITH 10 YEARS LEFT

REVESBY NSW, 2212

For Sale

Property for Sale in REVESBY NSW, 2212

Commercial Property Group - South West Sydney

Level 3, 56 Kitchener Parade, Bankstown, NSW 2200

Listing ID:
11351849
Status:
Active
For:
Sale
Price:
Circa $2,395,000.00
Last Updated:
16/09/2019
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Land/Development
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Land Area

1061 SQM
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Floor Area

1061 SQM
Icon parking

Parking

N/A

15 YEAR LEASE - WITH 10 YEARS LEFT

* Sit back with your feet up enjoying the sea-breeze at the beach just waiting for your next rental payment?

* This high yielding investment property is now offered for sale

* Tenant Pays all the outgoings for you (excluding land tax)

* Current rent of $118,807.44 P.A. NET + GST with the next increase due on 1st Oct this year to approx $121,000 p.a net + gst.

* Lease expires in September 2029 + option to renew for a further 5 years

* Well established, high profile fuel sale company

* Future development potential with this 40 metre frontage.

HIGH YIELD + HIGH RENTAL GROWTH = HIGH LIFE

For more details, please email agent

Commercial Property Group - South West Sydney

Level 3, 56 Kitchener Parade, Bankstown, NSW 2200


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