Offering high returned investment properties in a prime location of Drummoyne, this whole small strata block of 4 units are in 4 separate strata titles and offers to be sold in one-line with the total rental potential could be up to $176,000 pa., approx, close to the river walkway and convenience to transports on Lyons Road.
FEATURING Unit/Shop 1: This shop is with total size of 76m2, currently proposed to lease for a long term beauty and spa business at the rental income of $42,500 pa. GST inclluded plus outgoings, owned kitchen and bathroom facilities..
Unit/Shop 2: Currently leased and the tenant operated as a Ceramic Studio with the total rental income is $54,000 p.a plus outgoings, total size is 72m2, owned kitchen and bathroom facilities.
Unit 3: A self-contained residential studio apartment with total size is 40m2, it has been recently updated and spacious setting inside, balcony with river water views and rental potential is could be up to $34,000 pa. approx.
Unit 4: A self-contained residential studio apartment with total size is 40m2, it has been renovated throughout and balcony with river water views, rental potential is could be up to $34,000 pa. approx.
OUTGOINGS Total water rates $3,200 pa. approx Total council rates $6,600 pa. approx Total strata levies $14,000 pa. approx
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