Investment | Retail | Hotel/Leisure

Property ID: 107881

 

Strong Tenanted Investment

15/85 Bourke Road, Alexandria, NSW 2015

Gunning Commercial is excited to offer for sale via public auction this great investment opportunity.

The property is situated in the heart of Alexandria at the junction of Bourke and Gardeners Road. The property sits adjacent to Bunning's Warehouse on the ground floor of a commercial strata building.

The property is tenanted by experienced cafe operators whom have committed long term to the property with a strong rental and fixed annual 4% rent increases.

Other features of the property include:
- 87sqm
- Two (2) car spaces on title
- Good loading access
- Timber floors
- Grease trap
- Bifolding front windows
- Unbeatable exposure to passing foot and vehicular traffic
- Strong tenancy and a great return

Contact the agents today to receive an information memorandum or to arrange a private inspection of the property.

Sold

$450,000

William Gunning