At this address is a unit located in DP448971 Sydney NSW. In the council area Sydney, featuring 0 bedrooms, 0 bathrooms.
Prime Retail Investment-Metres to World Square Complex This property is situated in the Sydney's thriving retail location, with metres to World Square retail, hotel, residential, and commercial office complex. The freehold property comprises of 2 storey including ground floor retail with internal stairway giving access to upper level. This retail premises is currently being operated by the tenant as an Internet Cafe,a growing business to service dense neighborhood and influx of tourists. It has been entered into a three-year lease plus three year option to 6 April 2013, with net rental income of $ 148,500 per annum including GST. Rental income is to be increase by 5% on each anniversary of the commencement date and will be reviewed to market rate in option years.