Project Description

Rare Investment Opportunity

This is the ideal property for an investor looking to secure a rare investment opportunity ideally positioned in the heart of Maroubra at Maroubra Plaza.
Outgoings include water rates, lessor pays strata : $2,501.1 (quarter) or $10,004.4 per annum

– Land area 51sqm
– Gross annual income $41,600 pa + GST
– Outgoings $10,004.4 pa
– Net income $31,596 pa + GST
– 4 + 4 year lease commenced July 2013
– Fixed rental growth of 4% per annum
– Internal toilet
– High foot traffic location in a tightly held retail precinct

Don’t miss this great opportunity!

 

Property Snapshot

  • Lease Price: Price on Application
  • Net Let. Area:51sqm
  • Property Type: Retail