Prime Position & Rare Freestanding Leased Investment Opportunity

Positioned in the best location at foot of the soon to be Five Dock Metro station, is this rare freestanding opportunity, we are proud to present. Currently leased to Rocco’s Cafe with outdoor seating area, rear undercover seating area and a 1st floor office or residence. Features include:

– Full Brick construction
– Rear lane access with car space
– 1st floor residence or office
– Bathroom on first level
– 158m2 land area
– 158m2 building area
– 110m2 ground floor building area approx.
– 50m2 1st floor area approx.
– Lease expires in 2023
– Rental return $80,607.27 + GST per annum Tenant pays for water rates
– Building insurance is approx $4000 per annum and council rates are $1988 per annum
– Lease ends on the 28th Feb 2023, there are no options for the tenant

Property ID: 1188993