$3,050,000

43 Ninth Avenue, Campsie, NSW 2194


FANTASTIC & RARE INVESTMENT OPPORTUNITY - NEW LEASE WITH SECURE ESTABLISHED TENANT.

SALE SUBJECT TO NEW 5 YEAR TERM + 2 X 5 YEAR OPTIONS TO BE EXECUTED BEFORE SETTLEMENT.

ESTABLISHED LONG TERM TENANTS AS MECHANICAL WORKSHOP - MATHEWS TYRE SERVICE.

SALE SUBJECT TO "NEW 5 YEAR TERM" + 2 X 5 YEAR OPTIONS
TO BE EXECUTED BEFORE SETTLEMENT.

Heads OF Agreement signed ready to be executed by new investor.
* New 5 year term plus 2 X 5 year terms.
* $165,000 p.a net.
* 100% Outgoings paid by tenant
* 4% yearly increases.

Zoning R4 – High Density Residential.

- Building Internal Size 945 m2
- Land Tax $6643 p.a. approximately
- Water Rates $1224.40 p.a. approximately
- Council Rates $4932 p.a. approximately

MUST BE SOLD.

Inspect By Private Appointment | Contact Anthony Kassis 0412 750 992

AUCTION ON SITE SATURDAY 11th MAY 2024

PROPERTY FEATURES

  • Close to Shops
  • Close to Transport
  • Kitchenette
  • Roller Door Access
  • Toilet Facilities

Property Info

Municipality
Campsie

AUCTION

Saturday, 11 May 2024
12:00 pm
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY