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Agent Details

Felice Cotroneo

HIGH RETURNING COMMERCIAL PROPERTY "Republic 2" RETAIL SPACE

Sold for $460,000

104/50 Burton Street, Darlinghurst

1

Profile

Located in the much acclaimed Republic 2 development this open plan 76sqm (approx) retail space is located on Kings lane with approx 8m frontage. Currently tenanted and showing a strong rental return this space will complement any astute property investor's portfolio.

- Established tenancy
- Inc 5% or CPI which ever is greater
- Retail Gross rental $42232.32.00pa
- Car space rental $3390.85pa
- Tenant contribution to outgoings PA $3000 GST Inc

Outgoings
Strata: $3034.52 p/q approx
Council: $1984.80 p.a
Water: $693.60pa

Features

1
Garage

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