59A Dudley Street Coogee, 2034 NSW

Fabulous investment opportunity

1 1

Fantastic opportunity to purchase a strata shop in satellite shopping strip . Perfect addition to yourself managed super fund or investment portfolio

* Currently configured as a Beauty salon
* Leased until the 27th of April 2017 plus an option for a 3 year extension
* Gross annual return of approx $35,600 Pa currently with 5% annual increases
*rent to increase to approx $37,400 pa on the 27th of April 2017
* 39sqm strata shop with new wiring and gas installation to building

Lease Commencement Date:
28th April 2014 terminating 27th April 2017
Lease option Period of an additional 3 years
28th April 2017 terminating 27th April 2020

Council: $ 276.00 pq Strata: Administrative Fund: $ 756.35 pq. Sinking Fund: $ 243.25 pq approx
Water: $ 163.15 pq approx, Paid by Tenant

Auction: in rooms Saturday 14th of March 2015

View by appointment.

Details: Carl Wilson 0410 668 333 or John Castrisos 0412 675 224

Property Code: 1024



Inspection of this property is available strictly by arrangement only.