NET INCOME $166,665 pa approx
3 SHOPS ON KING ST WITH CORNER LOCATION
LONG TERM INVESTMENT OPPORTUNITY WITH A 14 METRE FRONTAGE TO KING STREET.3 Separate Titles to be Sold in One Line
A rare opportunity for an investor to acquire three well positioned retail properties in Sydney’s busy and ever popular King Street retail strip. Two Shops 1 and 2 have been combined and are leased $110,000 net + GST approx. as a Thai restaurant with Function Rooms/Residence upstairs, reception/front desk, fully fitted kitchen, male and female amenities plus a full bathroom, office, freezer, cool room. Shop 3 is lease for $55,000 net + GST approx. Combined floor space/building area is 340 sqm approx. and the land area is 200 sqm approx. These properties are being sold in one line. Investment Report Available on Request.