This property is a unit in 11/DP245405 Glebe NSW. In the council area Sydney, with 0 bedrooms and 0 bathrooms.
Significant Freehold Commercial Investment Situated over 2 levels with 2 front entrances this prime investment opportunity currently operates as the Glebe Family Medical Practice. The premises are well placed in a prominent location with high visible exposure in the heart of thriving Glebe.- Currently leased 5x5x5 - commenced 1st November 2012- Newly built in 2003 - Fit out of the building is owned by the Tenant- Rental of $240,000.00 P.A., (incl. GST)- Net income of $218,181.84 P.A (approx.)- Outgoings (Council, Water & land tax) are paid by the tenant- Car parking at rear for 8-10 cars (8 undercover)- Possible further re-development at rear S.T.C.A.- Just minutes to RPA, Broadway, Newtown and the CBDOutgoings-Council: $2323.10 p/q (approx.)Water: $330.00 p/q (approx.)Land tax: $26,302.65 P.A. (approx.)