Property ID: 1P4021
Shop 1/38-50 Mary Street Surry Hills NSW
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Retail
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Sold
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38 sqm
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7 meter
ENTRY LEVEL INNER-CITY RETAIL INVESTMENT – Vendor's to meet the market.
Gunning Real Estate is pleased to offer this immaculately presented Retail investment with commanding exposure on Mary Street, Surry Hills.
Boutique warehouse converted building (1998) nestled in the heart of Cafe culture and creative Surry Hills. This property is leased to a strong tenant and presents itself as a very appealing asset to the Retail Investor or as an alternative entry level Residential property Investment.
Key features:
- 38sqm of retail area
- 7m frontage - great exposure to Mary Street
- Efficient layout - clean open plan (7mx5.5m approx)
- 1 x Lock-up Garage of 15sqm with storage
- Mixed retail/residential building
- Net Income: $26,229 pa + GST (approx.)
- Current Lease expiring on July 2017 with 6 + 6months options
- 4% Annual increase
- Entry Level Commercial Investment
For more information or to arrange a time to inspect the property please contact the agents:
Daniel Gunning
0413 051 235
Boutique warehouse converted building (1998) nestled in the heart of Cafe culture and creative Surry Hills. This property is leased to a strong tenant and presents itself as a very appealing asset to the Retail Investor or as an alternative entry level Residential property Investment.
Key features:
- 38sqm of retail area
- 7m frontage - great exposure to Mary Street
- Efficient layout - clean open plan (7mx5.5m approx)
- 1 x Lock-up Garage of 15sqm with storage
- Mixed retail/residential building
- Net Income: $26,229 pa + GST (approx.)
- Current Lease expiring on July 2017 with 6 + 6months options
- 4% Annual increase
- Entry Level Commercial Investment
For more information or to arrange a time to inspect the property please contact the agents:
Daniel Gunning
0413 051 235
Features
- Car Parking - Basement
- Close to Shops
- Close to Transport
