COMMERCIAL INVESTMENT FULLY LEASED @ $56,107 PA NET
Shop and Residence A rare opportunity for an investor to acquire a well positioned investment property in Sydney’s busy and ever popular King Street retail strip. This quality offering is currently returning approx $55,000 per annum net and has the added potential for strong future capital growth and rising rental income returns. Currently leased as a Tattoo and Art shop on a 3 + 3 + 3 year lease. Zoned General Business, under the City of Sydney Council which permits a variety of uses ranging from restaurant/Caf, fashion, ice cream, gifts store, etc. Total floor area approx 105 sqm. (Fabulous Investment Property for DIY Superfund)