SET IN THE PRIME LOCATION IN CENTRAL OF REDFERN NEXT TO SYDNEY CBD WITH EVERYTHING ARE AT A FINGERTIP, THESE 2 LARGE SHOPS CURRENTLY USED AS A HUGE BAR, RESTAURANT AND PROFESSIONAL NAILS BUSINESS AND 2 BEDROOMS RESIDENCE, ALL ARE FULLY LEASED TO LONG TERM TENANTS AND WHOOPING THE TOTAL RENTAL INCOME OF $204,777 P.A APPROX
A RARE OPPORTUNITY TO ACQUIRE THIS PERFECT HIGH RENTAL RETURNED INVESTMENTS WITH A POTENTIAL FOR RE-DEVELOPMENT (S.T.C.A) TO CAPITALISE YOUR INVESTMENTS RAPID GROW, ZONE B2 (LOCAL CENTRE) AND HEIGHT LIMIT IS CURRENTLY SET ON 15 METRES, LAND TOTAL 325 SQM APPROX, THIS IS A SUPERB OPPORTUNITY CAN NOT BE MISSED
TOTAL GROSS RENT: $204,777 P.A APPROX
OUTGOINGS:
TOTAL WATER RATES: $1,541 P.A APPROX (TENANT PAYING 100%)
TOTAL COUNCIL RATES: $7,615 P.A APPROX (TENANT PAYING 50%)
VENDOR'S TOTAL LAND TAX: $22,000 P.A
TOTAL INSURANCE: $3,600 P.A APPROX
