62 Avenue Road, Mosman

At this address is a unit situated in SP90139 Mosman NSW. The local council is Mosman, it has 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
79 m2
Building size
-
Council area
Mosman
Year built
n/a
Lot plan
SP90139 Mosman NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 28/02/2014
$1,640,000



LISTING DESCRIPTION
as of July 2015

STRATA INVESTMENT IN MOSMAN With a fresh 10 + 5 + 5 lease, Crane's Pharmacy is being offered for sale as a prime retail strata investment.Recently separated from the first floor residence, the ground floor strata shop makes a perfect investment that could be added to a private portfolio or SMSF, with its long term lease.Having been a chemist in this building for over 40 years, this is the first time that the shop is being offered for sale separately.Gross income $69,421.63 + GST with annual CPI increases and regular market rent reviews.The shop has been fully refurbished with a new fire rated ceiling to comply with the Building Code of Australia.The first floor is on a separate title with all common expenses being shared 50/50 between the two lots.The Strata Manager is finalising the Budgets for the Administration and Sinking Funds.Call or email for a copy of the Information Memorandum.Inspections strictly by appointment only.