$1,835,000
50 Frenchmans Road, Randwick, NSW 2031
Sold at Auction by Anthony ROMANO & Cassandra ROMANO
Available for the first time in over 43 years, this immaculate property presents a rare chance for investors to secure scarce retail space in one of the Sydney's most prestigious districts immune from adverse economic conditions.
Features Include
- Spanning over 2 levels
- Outdoor courtyard and car-space accessible via Rear Lane
- 2 Bathrooms, multiple cool rooms
- Leased until 2027 with a further 5-year option.
- Current rental return of $106,000 per annum
- Tenants pay 100% Council Rates, Water Rates
A rare and wonderful opportunity to acquire the perfect Torrens title investment where capital gains are assured.
Features Include
- Spanning over 2 levels
- Outdoor courtyard and car-space accessible via Rear Lane
- 2 Bathrooms, multiple cool rooms
- Leased until 2027 with a further 5-year option.
- Current rental return of $106,000 per annum
- Tenants pay 100% Council Rates, Water Rates
A rare and wonderful opportunity to acquire the perfect Torrens title investment where capital gains are assured.
Property Info
Municipality
Randwick
AUCTION
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