Situated in Double Bay’s glamorous shopping precinct , the Royal Arcade offers a great mix of businesses which helps drive the local economy. Within the Double Bay business sector there is a wide range of solicitors, accountants, architects, real estate agents, property managers and financial advisers, a host of businesses have found Double Bay the ideal place to grow and prosper.

While the prestigious address makes an impression on clients, it’s the practical benefits that make Double Bay a smart choice for business. Efficient ferry, bus and train links make getting here easy for customers and staff alike. The wide choice of cafes for lunch and, in summer, the proximity of Red leaf Pool, are an added incentive for staff. The tranquil roads and low-rise streetscapes offer a welcoming environment that’s not only calmer than the CBD, but cheaper too. The subject property is a strata shop currently leased at $2,250 per calendar month until Dec 2011 with a further option for 2 years with rent increasing to $2,400 per calender month from January 2012. A fantastic opportunity to buy your own piece of Double Bay at an affordable price as an existing short term investment..

Approx Outgoings:
Council $170 p/q
Water $160 p/q
Strata $1,300 p/a
Rent $2,250 pcm 1 + 2 year lease. Expiry 31/12/2011 tenant pays 50% of outgoings

For more information about this opportunity to purchase, please contact John Basa, Ray White Real Estate on 0400 650 351.