$45,000 Single - $85,000 double

1008 Botany Road, Mascot, NSW 2020


Secure Car Spaces with Guaranteed Returns!

Sydney Airport is back and the Park & Fly business is soaring!

Buy a strata titled secure car space before prices go up!

Sydney Airport, Australia's busiest airport, is booming with travel expected to return bigger than ever.

A selection of single and double car spaces.

Leased to Park N Fly under a robust, long-term agreement, presenting an enticing and secure investment prospect.

Park N Fly is renowned for its dependable and secure parking services, catering to travellers year-round, offering seamless access to Sydney Airport. Their commitment extends to providing complimentary shuttle services for the convenience of their patrons.

Benefits:
- Profit From Growth
- Sydney Airport Location
- No Management Fee
- 8 allocated car washing bays
- Park N Fly pay all expense except strata levies and council rates
- Secured and patrolled, well-lit with 24-hour security

With this lucrative lease agreement in effect, the purchaser can look forward to a consistent and reliable income source. Each owner will share in the profits of the car parking operation, which are paid quarterly.

Great way to enter the Sydney property market or add to your existing portfolio.

Potential Annual Income of over $5,600* for a single and $11,200* for a double.
Currently $416 for last quarter for a single
and $832 for last quarter for a double and going up.

Outgoings:
Council rates for single car space : $173 per quarter
Strata levy for single car space : $83 per quarter

Council rates for a double car space: $196 per quarter
Strata levy for a double car space: $166 per quarter

*based on pre-covid rents

To acquire more information, don't hesitate to contact Gavin Sanna at 0412 324 224.

PROPERTY FEATURES

  • Lift Installed

Property Info

Municipality
Mascot
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