Located in the heart of Kogarah Town Centre, this Torrens title shop and residence offers a wonderful opportunity for the Owner Occupier or the Astute Investor looking for an investment with great growth potential.
The rear lane access leads to the 1 bedroom, fully self contained flat.
The Street fronted shop, with high volume passing traffic, is positioned conveniently opposite the entrance to Kogarah Town Centre and Train Station with Two Car Parking Stations directly opposite.
The future development potential of the immediate surrounding areas provides the possibility of an Investment with Huge capital growth potential.
Ideally located, the shop is ideal for a wide range of business opportunities.
Shop Lease
Term 21/12/2009 to 20/12/2011 with a two year option
Rent $24,346 per annum (Rent reviewed each year)
Tenant Pays 65% of Outgoings
Flat Lease
Expired lease, vacant possession available if required
Rent $9,880 per annum
Total Rent for building $34,226
Council Rates $177.45 per quarter
Water Rates $232.65 per quarter