SUBURBAN RETAIL IN SYDNEYS MOST EXCLUSIVE SUBURB!
The Details
Type: Retail
Purchase Price: $2,200,000
Net Rent: $107,000
Net Yield: 4.9%
Cashflow: $75,000 per year (70% loan @ 2.5%):
Lease: Recent Fresh 5+5 year lease
Net Lettable Area: 94 square metres of lettable space
Why we love this property
Prestigious Sydney region
Long-term tenant on a fresh 5-year lease
Established tenant with 3+ stores
Main road with very high foot traffic
Very low vacancy rates
Tenant pays all outgoings
Signage opportunities
