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Ideal Investment with Secure Tenant & Excellent Returns

Shop 4 9-15 Ascot Street, KENSINGTON NSW, 2033

For Sale

Property for Sale in Shop 4 9-15 Ascot Street, KENSINGTON NSW, 2033

Listing ID:
11358094
Status:
Active
For:
Sale
Price:
Price Upon Application
Last Updated:
18/09/2019
Icon building

Property Type

Retail
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Land Area

102 SQM
Icon size

Floor Area

86 SQM
Icon parking

Parking

0

Ideal Investment with Secure Tenant & Excellent Returns

This modern strata titled commercial shop in a prominent location, is fully fitted and comes with parking and an outdoor courtyard dining area on title. A perfect investment opportunity in an ideal location, offered with a secure tenant on 5 x 5 year lease and no GST payable as it is an on going concern.

Shop Features include:
* Total area 102sqm, shop + outdoor dining area approx. 86sqm
* Come as a fully fitted shop
* Currently Chinese Dumplings
* Eat in or take away business with home deliveries
* With grease trap & shared bathroom facilities
* Secure underground parking for 1 car
* Large outdoor dining courtyard on title.
* Secure tenant on 5 year lease to April 2023 plus 5 year option.
* Great return, tenant pay all outgoings.

Situated in a prominent location at the corner of Anzac Parade and opposite to Peters of Kensington, with direct transport to the CBD and the soon to be completed Light Rail. Surrounded by a number of new residential buildings and many more potentially to follow, will ensure that this area will have continued growth & ample clientele well into the future. Definite sale required.

Approx. Size
Shop area approx. 86sqm
Parking approx. 16sqm
Total Area 102sqm

Tenant pays 100% of Council, water rates and strata levies.

For Sale

Venue: LJ Hooker Maroubra Auction Rooms
763 Anzac Parade Maroubra.

Inspection are by appointment only

Details Contact: Michael Panto 0416 166 931

For more details, please email agent

LJ Hooker Maroubra

763 Anzac Parade, Maroubra, NSW 2035


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