Highly visible commercial opportunity exposed to busy Botany Road Mascot. The commercial/retail shop and residence is located on the popular shopping strip and opposite IGA supermarket, being the benchmark location in the Mascot shopping district.

Established with a local icon in the coffee business “Bogota” coffee has been operating since 1999 and has secured a 3+3+3 commercial leaseback commencing September 1st 2015 at $62,400 pa (ex GST)

For the investor this represents a secure steady and guaranteed income stream with relevant CPI increases and outgoings payable by this powerhouse successful business.

The upstairs residence comprises of 2 bedrooms and enjoys a recent update to the kitchen, there is a sunny undercover tiled patio and a large open plan bright living area. A residential lease is in place returning $580.00 pw = $30,160 pa.

Features;
- Rear pedestrian access to undercover garden courtyard
- Separate guest WC facilities
- Private rear access to residence, leased independently of commercial business
- 9 kms to CBD, city buses at door, Mascot train station 2km
- Annual income $92,560
- Further development potential (STCA) plans available