* Landmark CBD building
* 8 Shops, drive through liquor, ATM and substantial first floor
* Large corner site of 4878 sqm
* On-title parking for 63 cars
* Ground floor 92% leased (based on income)
* Major brands including Kodak, Crazy Clark’s and Ice Box Liquor
* Scope to add value with first floor refurbishment
* High yielding opportunity, must be sold
Current Net Income : $228,722 pa
Potential fully leased income $313,772 pa* (Assumes three vacant shops on the ground floor are leased. First floor requires extensive refurbishment. Rentals are approximate only.
Auction: 2:00pm Tuesday 26 February 2013
Mezzanine Level, 50 Margaret Street, Sydney
For more information contact
RAY WHITE SCONE
Stephen Bell 0418 236 077
CO AGENT
Burgess Rawson
Darren Beehag 0411 226 223