Property Description

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 and the walkway, conveniently to transports on Lyons Road.

FEATURING
Unit/Shop 1: This shop is with total size of 76m2, currently leased to a beauty & waxing business for 5 years fixed term and 5 years option term at the rental income of $40,000 pa. GST included plus outgoings, owned kitchen and bathroom facilities., there is a vacant storage room with rental potential could be $15,500 pa. approx.

Unit/Shop 2: Currently leased to a tenant operated as 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

***************Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.****************

Features & Amenities

Address

Contact Agent

Anthony Nguyen

0455 999 999 anthony@pacificcity.net.au

Johnson Hoang

0452 198 968 johnson@pacificcity.net.au