Retail

A unique opportunity for an investor to purchase this quality strata property. Situated in Petersham. A retail strata shop with 2 security car parking spaces total lot size 99 sqm. The property has dual frontages to Stanmore Road and Maundrell Park. This shop forms part of a very fashionable boutique residential development situated in trendy Petersham. Located only 300 metres from Petersham Railway Station in a small neighbourhood shopping centre. CURRENTLY LEASED ON A 2 YEAR LEASE AT APPROX. $21,000 PER ANNUM NET + GST (well below market rent). Petersham is a fantastic location with shops, restaurants, parks, schools, and nightlife. The community spirit is great - it makes a big difference!! This is an excellent suburb and property that should not be missed!!! Rent Increase: 4% per annum
• Outgoings payable by the tenant
• 100% Council Rates
• 100% Water fixed charges
• 100% fire safety
• 100% strata levies
FULL REPORT AVAILABLE ON REQUEST