Attention local property and business owners, why not add capital value to your home or investment property with this strata title car space, also ideal to park your superannuation here.

This car space (14sqm) positioned on the ground level (B5) of this 5 level car park with lift access to street level and closed circuit TV-CCTV video camera security surveillance.

Commercial and residential lots sit above this car parking bay.
The block is postioned near the centre of Kings Cross with a regular bus service to the CBD just outside the block.
Around the corner is the Kings Cross underground train station.

Currently let to a blue chip commercial tenant, with a 2 year lease remaining.

Current rental: $50.08 per week
Annual increases of 4%
Lease expiry date 16th April 2012

Outgoings:
Water Rates: Nil
Council Rates: $144.00 per quarter
Strata Levies: $226.04 per quarter

Car Space: Lot number 292
Strata Plan: 67571

Strata Agents:
McCormack’s Strata Management
Ph. 9299 6722